Exploring military and veteran family finances is a core research priority for MFAN.
In the 2021 Military Family Support Programming Survey, a series of qualitative and quantitative questions explored the topic of finances in depth. Our research showed:
- Over three-quarters (75.8%) of military and veteran family respondents indicated they carry debt.
- Slightly more than half (51.2%) of military and veteran families stated they had experiences barriers to saving money over the past two years.
- Among veteran families, 38.4% of respondents reported they have less than $500 in an emergency savings fund, or no fund at all.
- 80.7% of respondents indicated that their finances cause them at least some stress over the past 12 months.
Visit the Research & Reports page for more details on MFAN’s research findings on financial topics for our military family communities.
MFAN 2019 Military Family Support Programming Survey
Our most comprehensive Military Family Support Programming Survey to date, including data on debt, emergency finances, food insecurity, health care, and mental health among active-duty and veteran families.