In today’s post we are going to learn some of the top financial benefits of joining the military. If the military is for you then join and enjoy these benefits.
As the American economy continues to suffer, more and more people are looking for ways to improve their financial situations. Joining the military is one method you might use to discover your place in the world as well as offer you the opportunity to make money and help you build your character.
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Financial Benefits of Joining the Military
Here are a few of the ways that enlisting will benefit you financially:
Loan programs.
Military loan programs are available through the federal government as well as in the majority of states. Whether you are currently in the military or you have served in the past, you can apply for student loans, mortgages, or for a small business loan. One of the major incentives for this kind of program is the incredibly low interest rates offered.
Signing bonuses.
Depending on the branch of service, your level of education, any prior professional experience, or the length of your enlistment term, the Army may offer you a bonus for enlisting that can be as high as forty thousand dollars.
Education.
The Army is well known for helping out students who are unable to afford to pay for college or do not qualify for other student loans. When economic turmoil troubles the country, many people respond by going back to school. If this is an idea you’ve been turning over in your head, you might consider the advantages to enlisting. You can attend school and then serve for three or four years, or you can serve first and attend college later. The GI Bill will offer you a tuition waiver, a living stipend, and will help you pay for your books and other necessary educational supplies. The military is also interested in people who can offer special services such as nurses, who may be offered a bonus at the beginning of their program and one at the end, which is often as high as fifty thousand dollars.
It benefits Your current career.
By enlisting in the military, you will undoubtedly acquire many skills that you can apply to your life or help you climb up to new levels at your job, particularly with regards to technology. You will probably be trained to use the most state of the art computer technology that will aid you once you have finished serving and are ready to return to civilian life.
It Benefits Your future career.
Or you might learn a new trade altogether. Many companies or corporations in the private sector will be interested in your increased technological skills as well as for the security measures you undertook during your training. And even if you are not interested in being taken on for your computer or security knowledge, you can always utilize the martial arts or fitness expertise you have gained.
How to Keep Track of Your Expenses and Avoiding Debt
The U.S. military is eager to enlist new recruits, and you could easily become one of them. Whether you’re looking to beef up your bank account or acquire new skills to better your life, you can certainly take advantage of army scholarships to ensure that you are getting the best military education that will help you succeed!
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