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Money and Finances
Reply to "Can someone explain the wealthy military officer phenomenon?"
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[quote=Anonymous][quote=Anonymous]- Wife is highly educated and hasn't worked a traditional job in decades because she has to be geographically mobile due to husband's work. - Wife has managed household finances carefully and thoughtfully and knows she may not be working a traditional wage-earning job while husband is active duty. - Many costs associated with raising a family (health care, groceries, air travel, higher education) are subsidized for active duty military families. - Family has decided to pour extra pay (hazard pay, deployment pay) into savings and other long-term investment vehicles. - They sail because they are a Navy/Marine Corps family, have always lived near water, and it is something they enjoy together. They're now wealthy because they worked for it and they earned it. (No, I am not part of a military family). [/quote] I'm PP and well aware that women, wives, and mothers also serve on active duty. I was responding to PP's question that specifically referred to a wife of an active duty service member who hasn't worked in decades. [/quote]
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