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Congratulations, you're a new recruit
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Most new recruits find themselves gaining more responsibilities and entering into newfound independence
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If you're not prepared, you could fall into some traps early. Being smart and disciplined about money are essential for your long-term success
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And just like boot camp, you have to start with basic training. Create a budget
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That means knowing what you're bringing in, like your military pay and stipends
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what you have to pay out, like loan payments or credit cards, and then what you have left over
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A budget is the best and most accurate way to manage your money, period
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The best way to grow your money is to save it. Open both a checking and savings account as the home bases for your cash flow
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Save for emergencies and use credit wisely. Only borrow what you can afford to repay and keep credit balances low
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Pay bills on time every time and establish good credit because good credit helps you get lower interest rates
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The idea is to set yourself up for success. Practicing healthy financial habits now paves the way for a healthy, wealthy financial future
