As 2016 is right around the corner, do you believe that you can live on a single stream of income? A single stream of income may or may not be enough these days.....

Posted on Oct 29, 2015

As 2016 is right around the corner, do you believe that you can live on a single stream of income?

SGT Larry Prentice

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A single stream of income may or may not be enough these days.....

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Posted >1 y ago

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SPC Elijah J. Henry, MBA

Posted >1 y ago

Yeah, I do. And comfortably. Just don't be stupid with your money.
That is to say, being smart with your money is mostly making a habit of not being stupid with your money.

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CMSgt James Nolan

>1 y

SPC Elijah J. Henry, MBA Oh yes, when I was young and living in the barracks, always had plenty of money, and it was all good.
If you are not in the barracks, you are getting a great housing allowance to cover the costs of housing, and you can definitely take advantage of that.
If you keep up that attitude about money (being smart) you will do well later on, when things get interesting...

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SPC Elijah J. Henry, MBA

>1 y

CMSgt James Nolan, yep, I am married and living off post. We are not rolling in cash, but we have no worries about bills or unexpected expenses. No debt (at all) when we got married, still no debt two years later when I graduated college, and still no debt after about 2 1/2 years TIS. We even got rid of the credit card entirely somewhere along the way (still don't have one).

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CMSgt James Nolan

>1 y

SPC Elijah J. Henry, MBA - That is so awesome to hear. So many are just absolutely buried under jacked up credit, horrible mistakes, predatory loans etc.
Haven't met you, but proud of you for accomplishing all of that.

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