Open a JOINT checking account if you do not already have one. Then go to your PAC and fill out paperwork that will send your
paycheck directly to the bank. This is the easiest, fastest, and safest way to get your money. It is strongly recommended that all married soldiers have a joint checking account with their
spouses.CREDIT CARDS: Keep plastic money to a minimum. It gives you a false sense of wealth where there really isn't any money.
ALLOTMENTS: This guarantees that a certain
amount of money will always be deposited in your account. If you have to take casual pay for any reason, such as emergency leave, your allotment will still be secure. This eliminates a surprise
shortfall in money to your family.
INSURANCE: Review current life insurance coverage to ensure that policies, other than SGLI, do not contain a war clause. This ensures that
beneficiaries for all policies are correct and that premiums are covered during the sponsor's absence.
BUDGET/FINANCIAL COUNSELING: Contact the Army Community Service (ACS) in your Community
for assistance in working out a budget.
SEE
