AUGUST 15, 2022 – Are you getting ready to reenter civilian life after a few years in the armed services? If so, you’ll face many of the same challenges as thousands of others who are about to separate from the service or already have made the transition to a non-military lifestyle. The vast majority quickly realize that the top priority is building a monthly budget that focuses on long-term and short-term financial stability. That often means taking out a personal loan to smooth the transfer to civilian life. It’s important to understand that it’s normal to spend at least a few months adjusting to the new routines of the non-military economy and social world.
The good news for ex-service members is that jobs are plentiful for people who have experience. Additionally, college can be a bargain for former military enlistees who choose to take advantage of generous tuition allowances. But, it’s also imperative to maintain contact with former service friends, coworkers, and acquaintances. They can become part of your new personal and professional network and assist you with assimilating into civilian life in numerous ways. Here are more details about how to effectively transition from the armed services into civilian society.
Financial Stability is Job One
The most crucial piece of the transition puzzle is achieving financial stability. Newly discharged men and women have multiple responsibilities, most of which cost a significant amount of money. Rent, car payments, living expenses, and entertainment costs are just a few. One of the fastest and wisest ways to pull it all together is to apply for a personal loan. Taking advantage of loans can be a win-win proposition for many working adults. Not only does timely repayment have the potential to boost credit scores, but gaining immediate access to funds can help cover all the small and large expenses that go with making a major life transition.
Takes Time to Adapt
Don’t expect to make a smooth transition overnight once you receive discharge papers and start living as a civilian after active duty, facing changes like moving into a home or apartment. It usually takes at least three months before they become accustomed to everyday life events like paying rent, buying groceries, making one’s own schedule, and searching for a job. Even sleep cycles can become disrupted when you move from an environment where most things are totally structured to one in which you make all the decisions for yourself.
Jobs are Plentiful
For former service members, job openings are plentiful, even in the current down economy. That’s because not only do ex-members have a solid work ethic, but they also enter the job market with useful work skills. Unlike thousands of civilian applicants who have some education but zero work experience, those who did time in the armed forces are well-equipped to hit the ground running once they accept a position with an employer.
College is a Bargain
If you want to attend college to obtain or finish a degree, you’ll be able to leverage the many benefits of having served your country. That means generous allowances for tuition and full credit at colleges and universities for any courses you completed while in the service.