Varcoe, 2003(1), Financial Issues Faced by Marine Corps Families

Financial
Counseling and Planning

The Journal of the
Association for Financial
Counseling and
Planning Education


Volume 14(1), 2003

Financial Issues Faced by Marine Corps
Families


Karen P. Varcoe, Nancy B. Lees, Joan
Wright, and Neal Emper




      The United States Marine Corps requested
that researchers conduct individual and focus group interviews at ten
USMC installations to ascertain the nature of Marines’ monetary
difficulties. Sixty-nine interviews were held with 379 individuals.
Financial inexperience combines with job related factors such as being
stationed away from home, the financial problems. Early mandatory
financial management education based on the specific needs of military
families is recommended.

Key words: Financial management, Military, Quality of life, Financial
problems