this post was submitted on 05 Feb 2024
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While I was not one of those guys, there were a couple in my cohort who lived in the barracks, ate in the mess hall, didn't buy stereo systems on credit with 30% interest rates, and (most of all) didn't hang out in strip clubs every weekend. These guys ETSed after 3 years with a couple hundred thousand dollars in the bank.
The issue for most service persons is that there are sophisticated, established industries located mere miles off-base whose sole purpose is to seperate soldiers from their money. They're exceptionally good at it. Like, honestly terrifyingly good at it. Not like it's hard; most of these kids have zero experience managing money, are chronically horny, and desperate for any diversion from their jobs. Regardless, most who leave after short terms leave broke.
Like you say, with a little self control, it can be a pretty good deal. It's not just the salary; you get free room & board, if you want it, and that's a huge benefit.