The 2016 Military Family Lifestyle Survey

Readiness Top Findings from the 2016 Military Family Lifestyle Survey Operational Tempo 72% feel current optempo exerts unacceptable level of stress 42% 6+ months of separation in last 18 months Financial Security 37% felt insecure about their financial future 24% of AD had $10K+ in credit card debt Slide 7: Top Findings - Readiness

Financial Findings of Note What resources do you use to learn about financial fitness and personal finance? Value Response Percent 1 Unit-based training offered through the military 26.7% 2 Free classes or counseling for service members and their families provided by the military 24.7% 3 My personal banking institution 39.2% 4 My personal financial planner or counselor 18.0% 5 Books, webinars, podcasts, and media 29.3% 6 Financial websites 37.3% 7 Online articles 34.6% 8 Family and friends’ advice and recommendations 36.9% 9 None of the above 10.9% 10 Other, please specify 3.9% '-99 Prefer not to answer - 25 Mobile apps 4.1% How do you prefer to interact with your bank for financial services? Value Response Percent 4 Visit physical branch 30.8% 5 Mobile phone or tablet application 54.6% 6 Computer 59.9% 7 Calling via telephone 30.2% 8 Other, please specify 0.5% 9 Prefer not to answer -

Military Spouse Employment Top Findings from the 2016 Survey Results 21% unemployment rate vs 3% unemployment rate for all married women with children under 18 (BLS 2015) 51% of military families identified spouse under/unemployment as top obstacle to financial security Slide 9: Spouse Employment

Stay in touch! Cristin Orr Shiffer, Senior Advisor for Research & Policy cristin@bluestarfam.org Bluestarfam.org Bluestarfam.org/survey Facebook: @BlueStarFamilies Twitter: @BlueStarFamily

Slide 12: Back of CI