The purpose of this study was to examine factors associated with a composite measure of financial behaviors among soldiers. Using primary data from a sample of soldiers before deploying to a war zone, results suggest that past behaviors and some personal factors play a significant role in soldiers’ financial behaviors. Personal factors, such as high levels of subjective financial knowledge, higher self-mastery, and lower levels of financial anxiety, all had positive effects on financial behaviors. Soldiers with any amount of credit card debt had worse financial behaviors compared to soldiers with no credit card debt, while soldiers with greater amounts of emergency financial savings were more likely to have better financial behaviors than those who had very little or no emergency financial savings. Understanding these financial behaviors helps service providers to reduce the stress and anxiety soldiers and their families experience before a deployment.

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