2019 Veterans Day Money Survey

2:54 AM

Posted by: John S Kiernan

In honor of Veteran’s Day, WalletHub conducted a nationally representative survey to gauge people’s opinions about military personal-finance perks and a whole lot more. You can find the complete results in the following infographic. Embed on your website<a href="https://ift.tt/2NORQs3"> <img src="//d2e70e9yced57e.cloudfront.net/wallethub/posts/68288/2019-veterans-day-money-survey-v6.png" width="" height="" alt="" /> </a> <div style="width:px;font-size:12px;color:#888;">Source: <a href="https://ift.tt/2Nk9Du5>

Ask the Experts
  1. WalletHub found that 75% of people think the military does not do enough to teach financial literacy. Do you agree? If so, why do you think that is, and what can be done to fix the problem?
  2. Do you agree with the 41% of people who think poor financial literacy among military personnel is a threat to national security?
  3. Do military families experience more financial stress than the average family? Is there anything in particular that military families can do to lighten the load?
  4. Should banks and credit unions defer interest charges for military members deployed to a war zone? Should they go even further and defer payments altogether?
< > Full Details Overall
Should members of the military have to pay interest on debt when deployed to a war zone?
No 82%
Yes 18%
Should members of the military be excused from having to pay bills while deployed to a war zone?
Yes 65%
No 35%
Should firefighters, police, EMS and other first responders get the same credit card perks as military personnel?
Yes 63%
No 37%
Does the military do enough to teach financial literacy?
No 75%
Yes 25%
Should members of the military have to pay income taxes while deployed?
No 73%
Yes 27%
Do you think veterans should be eligible for better credit cards than civilians?
No 54%
Yes 46%
Do banks and credit unions do enough to honor the military?
No 55%
Yes 45%
Is poor financial literacy among military personnel a threat to national security?
No 59%
Yes 41%
Do military families experience more or less financial stress than the average family?
More 76%
Less 24%

Note: Percentages may not total 100% due to rounding.



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