How do people retire from the military poor?

[Rawtid]

Wonder why cats get married while in the service.

More money and benefits when you're married.

 

[wickedsm]

You got me confused with another poster

My bad let me go back and correct that.
Tried to rep you for your troubles but I'm on slowdown
I got you when I'm off though

Should have tagged General mills. Went back and fixed it.

 

[richaveli83]

Ftr
What alot of folks in this thread don't know
Sure you're making okay or good money in the military but ftmp
Your credit has to be right. You have to pay your bills.
fukk around and get bad credit and get your security clearance pulled,
End up losing your job.
Don't pay certain bills and you can be sure they're gonna call your command and the command will make sure you handle that shyt.

Ask @General Mills about those apt people calling his command on him.

One of the most frequent speeches my h gave his baby sailors was don't fukk with this establishment or that one who rape you on prices or interest or pay day loan spots. There's laws in va for that now.

When I was serving I got caught up in the pay day loan trap. A lot of companies prey on servicemembers.

 

[Edub]

Military pay ain't shyt breh

 

[Ethnic Vagina Finder]

A lot of misinformation in this thread

 

[1thouwow]

Have you ever spent a day in the military? I was in for 11 years, and did three years as a recruiter. I can tell you that most folks in the military had one thing in common, lack of money. You can't be some damn idiot and get a job in some of the more technical fields, medical fields, etc.; it's not the Vietnam era, the 80's, or even during the Iraq surge for a year or two, when your local fukk up could join the military to stay outta prison. When I was recruiting it was a damn struggle to find folks who could 1.) pass that easy ass ASVAB test (this generation of kids is dumb as fukk), 2.) didn't have something on their record that disqualified them (mostly possession charges from my experience), 3.) didn't have medical issues (all those fukkers had ADHD, were on Adderrall, depression meds, etc.), and 4.) weren't fat. Nowadays with the cutbacks I know it's even harder to get in. Yeah, there are some socially awkward weirdos from Montana, and there are some dumb fukks who could barely pass the ASVAB and end up as cooks or some other menial job; but most of us are kids of the middle class who either didn't want to go to college, or couldn't afford to go.

Why you had to shyt on the cooks tho

Did u get out?

 

[eufemism]

I imagine most brehs that go into the military do it because they have to and have no other choice


That probably means they have little to no experience with money management

 

[AldavisAlbundyAllah!]

ok ok ok... a lot of false "facts" popping up in here

first off, i was in the air force for 4 years.... so while i didn't retire, i do know what goes on, pay scales, what's free and not free, and why people spend money



1. everyone in all branches, GETS THE SAME EXACT PAY PER RANK, NOT JOB.... so if you're a captain in services in the army (mess hall, gym, hotel) you make the EXACT same pay as a captain in the air force who's a brain surgeon.. it's basically socialism... your rank determines your pay... NOTHING ELSE

you get extra pay for amount of years in.. but it's still a basic chart

2. lets go over what is and isn't free...


you get free room and board... straight out of tech school, you'll be living in a dorm room... if you are married/have a child, you will get a SEPARATE housing allowance which depends on the zip code of the base you are assigned to

you get free food at the base mess hall.... that means you will need to show up at assigned times to eat... if you want mcdonald's or groceries, that comes out of your personal money... unless you are married/have a child, then they give you another SEPARATE food allowance

you get free healthcare... no copay, no nothing... again.... married/children get the same free healthcare

you get "free" college education and FREE college education... GI Bill will take $100 dollars out of your first year of checks... in exchange they will give you 50k for school.... but also the community college of your branch will offer free classes the entire time you are active duty

there's many other things, but i'll just stick to needs... you can also get free lawyers, travel on military flights, clothing allowance for uniforms, hotels for $20 (say you go to vegas and want to stay on their base instead of at a hotel), etc etc etc



3. you also can "earn" extra money... the military wants you to stay in.. they don't want to keep training dummies the whole time and having to start over every 4 years.... so when your time is up, they offer HUGE bonuses, depending on the job... some jobs will offer 30k to reenlist, because they know people don't want to do them/aren't smart enough, so they need people to stay in...

also hazard pay.... you in a war zone, you get a few extra hundred a month for being there... that's why dudes come home usually paid up

overseas pay is also great.... no taxes.... yup... cause you're out of the country, they don't take state taxes out your check and usually pay you a shytload more to make up for the cost of living


4. retirement... after 20 years in... you get 50% of your last paycheck amount FOR LIFE... 75% if it's 30 years

oh and go ahead and add in lifetime benefits

















this all leads to the answer


MOTHERfukkERS NEVER HAD TO LIVE A REAL LIFE


you basically spent the last 20 years with no rent (cause it was free or paid), no food bill (cause it was free or paid), a free 1700-19,500 dollar check every month... and the only thing you NEEDED to buy was maybe a car and some gas.... anything else was a want and not a need


so what do young people do?? 18 and skipped right over college and went straight to the league.... BLOW MONEY... they in the bar every night... you a sexy military man now, you gotta take all the bytches out... you out in a new town, new state, new country.... you gotta go every damn where... you gotta buy the freshest car cause what's a $600 note when you got 1700 to blow every month



why did i keep bolding getting married? you 18, you in a dorm, you got money, you want a house for free??? go ahead and get married breh... for real this time!! i've seen friends get married.. people dating for 3 months get married.. people marry girls they had no business marrying... women personally asked me to get married, we don't even have to live together, they just want the check

housing and food allowance in jersey (where i was) was an additional 1600 a check... go get a cheap apt for 700 and i'd still have 1700 from my regular check and an additional 900 from the stipend


clothes? shyt i'm gonna be fly as fukk... i got money to blow... vacations... yup i'm going everywhere.. expensive football game... fukk it we in there... front row at the jay z concert... you'll see me there... $1200 bar tab? who gives a fukk.. steak dinner every night... you know why i'm here!!






b-b-b-b-b-b-but after a few years you probably get over that breh






you think i'm going to live my life blowing money... and every year they give me a raise... and every 2 years they give me a promotion AND a raise... and i'm suddenly gonna learn money management



you ever go to a old military bar... bunch of old ass drunk guys... still hitting for large tabs... still flirting and blowing money on hookers and young girls... still driving the fanciest of cars... but now they got 5000 a month to blow... save money?? why should i do that... i'll be getting half my check forever



















then reality hits..... hold up i'm 20 years in and only 48? i still need to get another job


what do you mean this job only pays 50k a year


what's this here mortgage payment


i gotta buy my own food


budget my money



you mean i can't live off this 2500 (half of 5k) a month anymore



what do you mean government jobs are highly competitive


what do you mean i'm not gonna start off as the boss in this new job



what's a 401k

you mean i have to pay for these kids i been cranking out so my allowance will go up



you mean my wife has to get a job now cause i can't have my job support her


what do you mean college for my kids costs 20k a year

OP switch this to the OP and sign over the rights to this man.

Clap for em.

 

[1thouwow]

Military pay ain't shyt breh

Base pay ain't shyt. People usually get more than that tho. The junior people usually get base pay and their housing and food is provided, so that base pay is really just spending money.

The senior people get base pay, bah pay (which is for housing),bas pay (housing for food), and sometimes where they're stationed at they get paid for that. Only the base pay is taxed though

There's a lot of opportunity in the military, people get comfortable with that steady paycheck twice a month and bite off more than they chew. I was a e3 with stacks in my bank and more spending money than a lot of these folks.

 

[Wild self]

ok ok ok... a lot of false "facts" popping up in here

first off, i was in the air force for 4 years.... so while i didn't retire, i do know what goes on, pay scales, what's free and not free, and why people spend money



1. everyone in all branches, GETS THE SAME EXACT PAY PER RANK, NOT JOB.... so if you're a captain in services in the army (mess hall, gym, hotel) you make the EXACT same pay as a captain in the air force who's a brain surgeon.. it's basically socialism... your rank determines your pay... NOTHING ELSE

you get extra pay for amount of years in.. but it's still a basic chart

2. lets go over what is and isn't free...


you get free room and board... straight out of tech school, you'll be living in a dorm room... if you are married/have a child, you will get a SEPARATE housing allowance which depends on the zip code of the base you are assigned to

you get free food at the base mess hall.... that means you will need to show up at assigned times to eat... if you want mcdonald's or groceries, that comes out of your personal money... unless you are married/have a child, then they give you another SEPARATE food allowance

you get free healthcare... no copay, no nothing... again.... married/children get the same free healthcare

you get "free" college education and FREE college education... GI Bill will take $100 dollars out of your first year of checks... in exchange they will give you 50k for school.... but also the community college of your branch will offer free classes the entire time you are active duty

there's many other things, but i'll just stick to needs... you can also get free lawyers, travel on military flights, clothing allowance for uniforms, hotels for $20 (say you go to vegas and want to stay on their base instead of at a hotel), etc etc etc



3. you also can "earn" extra money... the military wants you to stay in.. they don't want to keep training dummies the whole time and having to start over every 4 years.... so when your time is up, they offer HUGE bonuses, depending on the job... some jobs will offer 30k to reenlist, because they know people don't want to do them/aren't smart enough, so they need people to stay in...

also hazard pay.... you in a war zone, you get a few extra hundred a month for being there... that's why dudes come home usually paid up

overseas pay is also great.... no taxes.... yup... cause you're out of the country, they don't take state taxes out your check and usually pay you a shytload more to make up for the cost of living


4. retirement... after 20 years in... you get 50% of your last paycheck amount FOR LIFE... 75% if it's 30 years

oh and go ahead and add in lifetime benefits

















this all leads to the answer


MOTHERfukkERS NEVER HAD TO LIVE A REAL LIFE


you basically spent the last 20 years with no rent (cause it was free or paid), no food bill (cause it was free or paid), a free 1700-19,500 dollar check every month... and the only thing you NEEDED to buy was maybe a car and some gas.... anything else was a want and not a need


so what do young people do?? 18 and skipped right over college and went straight to the league.... BLOW MONEY... they in the bar every night... you a sexy military man now, you gotta take all the bytches out... you out in a new town, new state, new country.... you gotta go every damn where... you gotta buy the freshest car cause what's a $600 note when you got 1700 to blow every month



why did i keep bolding getting married? you 18, you in a dorm, you got money, you want a house for free??? go ahead and get married breh... for real this time!! i've seen friends get married.. people dating for 3 months get married.. people marry girls they had no business marrying... women personally asked me to get married, we don't even have to live together, they just want the check

housing and food allowance in jersey (where i was) was an additional 1600 a check... go get a cheap apt for 700 and i'd still have 1700 from my regular check and an additional 900 from the stipend


clothes? shyt i'm gonna be fly as fukk... i got money to blow... vacations... yup i'm going everywhere.. expensive football game... fukk it we in there... front row at the jay z concert... you'll see me there... $1200 bar tab? who gives a fukk.. steak dinner every night... you know why i'm here!!






b-b-b-b-b-b-but after a few years you probably get over that breh






you think i'm going to live my life blowing money... and every year they give me a raise... and every 2 years they give me a promotion AND a raise... and i'm suddenly gonna learn money management



you ever go to a old military bar... bunch of old ass drunk guys... still hitting for large tabs... still flirting and blowing money on hookers and young girls... still driving the fanciest of cars... but now they got 5000 a month to blow... save money?? why should i do that... i'll be getting half my check forever



















then reality hits..... hold up i'm 20 years in and only 48? i still need to get another job


what do you mean this job only pays 50k a year


what's this here mortgage payment


i gotta buy my own food


budget my money



you mean i can't live off this 2500 (half of 5k) a month anymore



what do you mean government jobs are highly competitive


what do you mean i'm not gonna start off as the boss in this new job



what's a 401k

you mean i have to pay for these kids i been cranking out so my allowance will go up



you mean my wife has to get a job now cause i can't have my job support her


what do you mean college for my kids costs 20k a year

Dan

 

[wickedsm]

I imagine most brehs that go into the military do it because they have to and have no other choice


That probably means they have little to no experience with money management

No need to paint with the broadbrush.

My ex got in because he had 2 older brothers that were in and doing well.
My H got in to further a civilian job he wanted to pursue.
My daughters best friend was extremely successful in rotc in school and wanted her college paid for and a career, plus had some family issues.

Different people join for different reasons.

 

[Yinny]

...

 

[intruder]

I'm talkin about the folks who put in like 20 years at least into that shyt.


How?


People can't really be THAT bad with money, right?

Unless you are an officer there is no real money to be made in the military

 

[richaveli83]

I imagine most brehs that go into the military do it because they have to and have no other choice


That probably means they have little to no experience with money management

Not everyone. I enlisted when was an adult. I had my own place, car, worked a full time job, etc. I enlisted mainly for the adventure. You have some people who join because of tradition(family members served), patriotism(mostly white people), school money, a steady check, or complete losers.

 

[42 Monks]

Unless you are an officer there is no real money to be made in the military

That's not true.

More money? Sure.

Seen a e3 get himself kicked out (failed PT tests) to fly unmanned shyt for a living.