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5 Tips For Military Families To Reduce Financial Stress

Published: Apr 30, 2021, 7:00am Editorial Note: Forbes may earn a commission on sales made from partner links on this page, but that doesn t affect our editors opinions or evaluations. Getty Financial stress nags nearly 40% of active-duty military families. On top of that, most military families move every two to three years. And one fifth of military spouses are unemployed, while 67% of military spouses in the workforce are underemployed. Combine all of these factors, and it may feel to a military family as though their household finances have failed basic training. Thankfully, a number of proactive steps can help shield military families from damage to their finances. Here are five tips for military families to reduce financial stress.

What Issues Face Military Families? Blue Star Families Survey Wants to Know

What Issues Face Military Families? Blue Star Families Survey Wants to Know Military kids pose for a photo at a parade celebrating the Month of the Military Child. (U.S. Air Force/Jonathan E. Ramos) For more than a decade, Blue Star Families has brought anecdotal and statistical data to the forefront of discussions surrounding issues affecting military families. In 2020, 11,000 people responded to the survey that covers topics, including finances, family stability, moving, education and employment. Since 2009, Blue Star Families has worked toward strengthening the voices of military families and connecting them with their civilian neighbors. Each year, they partner with Syracuse University’s Institute for Veterans and Military Families to prepare and analyze the survey results.

The Pandemic Has Added To Food Insecurity Among Military Families

Carson Frame / Texas Public Radio Army Staff Sgt. Rebecca Hummer carries food boxes from the San Antonio Food Bank to people s cars outside Fort Sam Houston s Vogel Resiliency Center in March 2021. On a recent spring day at Fort Sam Houston, a line of cars idled with their trunks popped open, waiting as volunteers unloaded 11,000 pounds’ worth of food from a semi parked nearby. Some of the drivers were soldiers who had just gotten off work, while others were military spouses or relatives. As they rolled forward to collect their rations, most barely cracked their windows volunteers say that’s common because people don’t want to be seen.

The Pandemic Has Added To Food Insecurity Among Military Families

The Pandemic Has Added To Food Insecurity Among Military Families
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One shot the US military doesn t want to take

One shot the US military doesn t want to take
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