Many of America’s military service members and veterans report that financial stress is hurting their emotional and mental health as well as their ability to set future goals.
Among the respondents to a 2017 Military Family Advisory Network survey, a staggering number – 92.5% – reported they have debt, while 44% of the group reported financial stress is detrimental to their emotional and mental health. The report detailed the financial burdens of 5,650 in active military service, veterans and their family members.
What it uncovered is a problem that for many American military families runs deeper than simply taking on too much debt.
The majority – 60% – said they do not have enough savings to cover three month…
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