Maximizing the Financial Benefits of Joining the US Military

The Money Fit Show

The Money Fit Show

Episode #32

Maximizing the Financial Benefits of Joining the US Military

Guest Name: Mario Pile

About the Guest: Mario Pile, Project Director of Veterans Upward Bound at Boise State University

Many young people choose to go into the military right after high school. Regardless of the branch you enter, you can find many benefits to your service, from decent and regular pay to retirement plans and payments for a future college education. Unfortunately, as our guest points out based on his personal experience and his professional time working with veterans, too many of our service members go into the military without establishing for themselves what they actually want out of their military experience beyond a steady paycheck.

Episode Highlights

1. Proactively understanding what you want out of joining the military
2. Taking advantage of the TSP (Thrift Savings Plan) and the GI Bill
3. Where to find the free PFCs (Personal Finance Counselor) on bases
4. Answering the question of whether the rising cost of a college education is still worth it (spoiler alert: YES!)
5. The smart move of using community colleges before going to universities, especially for potential officers
6. The varied job opportunities for both officers and enlisted

Links referred to in the episode, and how to connect with the guest, Mario Pile:

Veterans Upward Bound (VUB)

Mario Pile at VUB

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