Posted on Apr 18, 2014
SFC Stephen Hester
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These are some interesting points in the debate over military pay and allowances. Are the pay raises we've seen in the past sustainable? Would you support lower pay raises as some senior leaders have suggested?
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Responses: 6
SSG Robert Burns
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How much lower can we go?  We are already sub 1%.  Anything lower is negligible.
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SFC Stephen Hester
SFC Stephen Hester
10 y
1% doesn't even keep place with inflation but some folks think that is too much.
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CW2 Jonathan Kantor
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I don't see our 1% pay raises increasing any time soon.  Certainly not until we have finished with the current downsize.  Lower pay raises... 1% is a pittance and I don't know what less than that is.  I probably wouldn't even notice on my LES.
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SFC Stephen Hester
SFC Stephen Hester
10 y
But maybe just enough to put you in a higher tax bracket. Wouldn't that be lovely?
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MAJ Steve Sheridan
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Not at all. Our Leaders are losing touch with us. Regardless of what our Leaders do, we need to take ownership of our financial future. That is why I wrote my book http://www.WagingWaronDebt.com to equip our Military to kill debt & create wealth. A simple 10 Step Battle Plan to Lasting Financial Freedom.
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SFC Stephen Hester
SFC Stephen Hester
10 y
Financial management is somewhere military families can always use more education. Let's hope your book makes a difference!
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