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Military Families May See More Financial Challenges, Petraeus Says | DefenseNews

Military Families May See More Financial Challenges, Petraeus Says | DefenseNews

As the large-scale combat deployments are coming to an end, military communities may see more financial problems in military families, said Holly Petraeus, assistant director, service member affairs, for the Consumer Financial Protection Bureau.
Military families “who are used to the infusion of extra cash and benefits that go along with deployments, now will have to tailor their finances to a garrison environment. That may be a hard landing, especially since a lot of the money for family activities on post is going away,” said Petraeus, who has been in that position since it was created almost six years ago.

Source: Military Families May See More Financial Challenges, Petraeus Says