2019 Veterans Day Money Survey
2:54 AMPosted 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>
- 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?
- Do you agree with the 41% of people who think poor financial literacy among military personnel is a threat to national security?
- 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?
- 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?
Kenneth Romanowski CFP®, CTFA, Adjunct Instructor, Rosemont College
Tom Krueger DBA – Professor of Finance, Chair of the Accounting and Finance Department, Texas A&M University – Kingsville
Joe Welker Associate Professor, Accounting, College of Western Idaho
Joyce Chen Ph.D. – Assistant Professor, The Ohio State University - Department of Agricultural, Environment and Development Economics
Hank Gillen MBA – Army Veteran, Director, Office of Veterans Services at Saint Joseph's University
Debbie N. Pike CPA – Assistant Dean, Director of Undergraduate Programs, Faculty, Department of Accounting, Richard A. Chaifetz School of Business, Beta Alpha Psi Faculty Co-Advisor, Beta Gamma Sigma Faculty Advisor, Saint Louis University
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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