As the war in Afghanistan ends, our service members are coming home to reintegrate into a society that is recovering through economic and social struggles. Many combat soldiers and Marines who have served multiple tours to Iraq and Afghanistan endure the ramifications of long separations from family members and continue the battle of seen and unseen injuries. The effects of wounds received as result of an IED, or other related combat, brain and emotional damage PTSD/ TBI are situations today’s service members must manage before successfully returning to soldier or civilian.
With that, continued debate on military budget cuts affecting housing, commissaries, retirement, COLA and Tricare, will require young soldiers and families to successfully execute changes within their daily spending and saving. They will need assistance in planning, budgeting and implementing ways to adjust to fundamentally, a new way of life, emotionally, financially, physically and in some cases, all three. Programs that offer this type of assistance to returning, and all service members will be vital to those families who may have questions on how to deal with financial woes from installment and credit card debt, or possible spontaneous spending or inability to save. If these situations get out of control, it could affect marriages/ relationships and possibly credit worthiness. According to Military One Source, complications can arise if there are spenders in a relationship without the drive to save.
Recently, the U.S. Army Office of the Chief of Chaplains announced the approval of Financial Peace Military, a program hosted by financial expert and mentor Dave Ramsey that according to Col. Norm Potter, USAF (Ret), VP of the Financial Peace Military & Government, “equips servicemembers and families with essential tools and motivation that promotes true behavior changes.”
The nine-lesson course is not only to teach financial matters, this program will help military members “set themselves up for long-term success.” Traditional stewardship training includes wise management of finances, an individual’s talent, time energy and property and the Army Chaplain Corps found that the Financial Peace Military program supports these topics.
For veterans, from war to home has its adjustments, and for some the changes are overwhelming. An effort to regain control of mundane responsibility may be realized in discovering individual talent and purpose. Once redeemed determination is found, positive results to a soldier’s mind may result in another day towards recovery from financial, personal or physical stress. Programs like this could be the basic reintegration techniques our service members need to set themselves up for long-term success.