What are some good financial tips for a young enlisted US Army soldier?

Get a credit card, BUT...

1. Use sparingly and pay off balance each month to avoid interest
2. Find one with rewards program. Spend a little, but pay off balance and can get points.
3. Check statements online regularly to ensure ID is intact
4. Use points from credit card rewards for items or leave
5. Don't use at ATM for cash

If you don't have anyone to support but yourself: invest 10% of your take home pay with a certified financial planner (CFA). A CPA has a fiducial responsibility to put your wellbeing before his own. For someone your age I would advise a Roth IRA.

Stay in your barracks and play video games all the while saving most of your money, haha. Eat only Ramon noodles. This will also help you stay out of trouble.

SAVE! And start using the TSP right away, especially if you’re in the new retirement plan and can get the match.

Never been a better time to invest in marijuana. Been a couple years since legalization was granted in a couple states, and Trumps DOJ has said they would crack down on it. Prices are low but I'd imagine legislation to make it legal is coming, especially if we actually get into a trade war!

Plan ahead keep in your mind need not want need. Put money in the bank in savings or invest some. Make sure you place need before toys. If you invest still keep a few Hundred in the bank for emergencies. Plenty of time for play later learn to be a good and Thrifty Soldier first.

See http://www.cpbs.us. Go to products.

KEEP THE MONEY IN THE BACK AND BUY ONLY WHAT YOU NEED

I agree eat at the chow hall and don’t get any credit cards or even a car because you won’t need these right away and your wallet will appreciate it when you save your money. I would wait until you transition out of the military to get a car and buy it where you are going to live. You won’t have any payments if you saved enough money leaving you a cushion if you are going to school or finding a job which nowadays is tough.

First of all, save your money. As a single Soldier, you are provided with quarters, a meal card, and uniforms. Stay away from pawn shops, payday loans, and check cashing venues that seek to lure you in and charge high rates. The thrift savings plan is great especially if you are planning to make the military a career. Also, look into a reputable multi-level marketing company that can generate some residual income on the side and not interfere with your duties. Inbox me for info as i know a few that are legit. Last but not least, seek to further your education as well as professional development courses that will benefit your career. My advice is to wait before starting a family.