18 Jun '16, 4am

More troops and spouses are 'comfortable' with their financial situation

More troops and spouses are 'comfortable' with their financial situation

But Chief Master Sergeant of the Air Force James Cody, a member of the council, urged caution in making these assertions. While acknowledging the positive trend, he noted that it’s a matter of definition of the word “comfortable.” The data is based on survey answers that are self-reported by service members and spouses. “We’re not actually saying how much money they have in the bank, how much savings,” Cody said. Thus, a service member or spouse may report a comfort level with their finances, but an analysis of their finances might not yield the same conclusion, he said.

Full article: http://www.militarytimes.com/story/military/2016/06/18/mo...

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