Episode description
You will grow up!
The military will force you to leave your comfort zone and grow up, especially if you go active duty where you’re forced to leave home and all the comforts and security that you may have been used to.
College (TA, GI Bill, etc)
While your counterparts will graduate highschool and go on to take out tens of thousands of dollars in debt to complete a college degree, you’ll get paid to go to school instead. Starting out your career/life with no student loans, will put you decades ahead of your peers. You can get paid to go to college while you’re in the military or you can get paid to go to college after you separate from the military. Either way, delaying college in order to do it for free is well worth it!
Start earning ASAP
Again, while your counterparts will start earning a living at 22/23 years old in the hole $20-50k, you’ll start earning at 18 years old. When you begin earning at an earlier age from a position of no debt, this enables you to start investing earlier. While it may seem like nothing now, it could be the difference of hundreds of thousands of dollars when it comes time for retirement
VA Loan
While your counterpart will be scrounging to save for a downpayment on a home, you will have the ability to get into your first home or better yet, rental property without having to worry about a down payment and you’ll be able to keep that retirement fund invested
Camaraderie
Hands down, you will make the best friends of your life. These relationships will be worth far more than any of the other benefits we discussed before.
At the end of the day, I am a big advocate for joining the military and taking advantage of the cheat codes it offers. There is no better way for the average Joe or Jane American to get ahead financially and professionally at a young age.
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