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Benefits of the Military

May 20th, 2008 at 03:48 am

I got a NL today from Military.com talking about 2009's raise. Another good thing. DH made board for Chief so hopefully he gets selected in August. He's got a lot of good things on his side.

Really though, I just am mostly thankful for the healthcare aspect. When my son was born, he had to go by ambulance to CHKD and stayed there for 2 weeks. I never had to pay 1 penny for that $20K stay. As a senior in college with two other little ones and DH as the only one working earning less than $30K a year... I was VERY grateful.

My son has another appointment coming up. Him and my youngest seem to have DH's genes and have allergies or something going on.

Needless to say I'm very thankful that we don't ever have to worry about health insurance, premiums, or copays. Rxs are even free if we go to the military pharmacy, haven't tried a civilian one but I think if we did we only had to pay $3 or $9

The raises on DH's part come at a very helpful time because I don't foresee myself getting any substantial raises anytime soon. I have a performance review soon & I'm definitely not a bad employee but I'm also not counting on it either.

Commissary privileges have also been very helpful. I definitely notice the difference in the price of milk. I started a spreadsheet with the items we buy and their price, the only price increases I've seen were a 6-7% increase on milk and vegetables. Not more than that.

Well, and of course the TDY stuff I mentioned yesterday.

DH and I did make some progress today though. We decided to sell the rental next year cause it is just too much of a headache and as someone else said, a financial disaster.

I have a plan in place that if we do that and even just get $250K for our rental, we'll be 100% out of debt by January 2012. So in a little less than 4 years. No CC debt, no car debt, no student loan debt - just the mortgage on this house.

Which if we have to move in 2010 or 2011 I'm not sure what we will do with this house. Even if we left here there is a good chance we'd have to come back and we can always come back and live here. Again, I love this house, the neighborhood, everything about this place.

Our rental, I despise... its an okay neighborhood so it is holding its value... but I don't believe in it as much as I do our house.

2 Responses to “Benefits of the Military”

  1. Livingalmostlarge Says:

    Military benefits are very good, but boy do you put up with a lot.

  2. Maismom Says:

    My DH is a retired Navy, too. So, yes, I agree with you about the benefits, but I think people in military deserve it.

    Also, their salary isn't very high. DH was stationed in Japan, so he was getting COLA, but without it, his salary was not that good, and he was a chief. I couldn't believe how little he was making when I saw his Social Security statement.

    Anyway, good for you taking advantage of benefits and being financially smart.

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