A Wounded Warrior Project survey shows the job picture is improving, but other financial struggles persist.
Paying bills and job hunting in this economy are hard for anyone. Wounded veterans, often facing ongoing physical and mental health issues, have it even worse.
More wounded vets than before reported not having enough cash to make ends meet, a recent survey found. Sixty-four percent of those surveyed — or 6 in 10 vets — said they didn’t have enough money to pay bills at least once in the past 12 months, a jump from 42% the previous year, according to thereleased this year by the Wounded Warrior Project, a nonprofit veterans service organization.
“We’re getting more feedback from ‘warriors’ that they’re having a harder and harder time meeting their financial obligations on a regular basis,” says Tom Kastner, vice president of financial wellness at the Wounded Warrior Project.like everyone else. The cost of everyday goods like food was the main reported cause of financial strain. That’s on top of a struggle with food insecurity. Nearly 2 in 5 wounded veterans — or 38.
The Wounded Warrior Project is designed to support wounded veterans, called “warriors” by the nonprofit, through their transitions to civilian life with services in mental health, physical health, peer connection, career counseling and financial wellness, at no charge. The annual survey represents the views of more than 165,000 warriors and is the largest survey of post-9/11 wounded veterans.Wounded veterans face more financial strain overall than before, the study found.
“Debt is not new, but now we’re getting, ‘I have debt, but I also can’t pay my bills like I used to,’” he says. More than 43% of warriors said they had little to no confidence they could cover a $1,000 emergency expense, a measure of
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