Finances News
First Command Reports: Military Families Commit to Grow Financially in 2016
Wednesday, January 13, 2016 | Category: Finances - National
First Command Bank found that middle-class military families are confident their household finances will improve in 2016 and they're making positive New Year's resolutions to achieve their aspirations. They share the top 10 resolutions. This comes when their is continuing defense budget uncertainty and downsizing.
Decision to Keep WIC on Base is a Win for Many Navy Families
Wednesday, January 6, 2016 | Category: Finances - Washington
In 2015, military leadership not located on Whidbey Island, stopped allowing “non-federal entities” to use buildings on bases rent-free, which would have included the Women, Infants, and Children (WIC) program office. On Whidbey Island, a Seaplane Base, about 700 Navy families receive assistance each year from WIC. U.S. Sen. Patty Murray and Rep. Rick Larsen wrote letters to higher-ups, including Secretary of Defense Ashton Carter, resulting in the Department of the Navy offering the WIC office a five-year lease to stay onsite with few costs.
Army Vet Receives Keys to New Car
Wednesday, January 6, 2016 | Category: Finances - Texas
Kimberly Baird, a 45-year-old Army veteran, kicked off the new year with a set of new wheels courtesy of Caliber Collision in Killeen. Each year the company, in partnership with the nonprofit organization "Operation of Love," gives a recycled car to a veteran in need.
Military Families Turn to Food Stamps
Monday, May 25, 2015 | Category: Finances - National
The Department of Agriculture (USDA) publishes an annual report about where Supplemental Nutrition Assistance Program (SNAP) food stamps are being spent. That list includes military commissaries. More than $84 million-worth of food stamp benefits were spent at military commissaries n 2014. USDA estimates between 2,000 to 22,000 (1-2%) military members and 1.5 million (7%) veterans (2012 data) use food stamp benefits