2d MLG HomeHiddenNews
2nd Marine Logistics Group News Search
2nd Marine Logistics Group News
Photo Information

Navy Lt. Harlan Kimball, chaplain for 2nd Medical Battalion, Combat Logistics Regiment 25, speaks to students at a financial seminar held March 8, 2010. The seminar is part of a seven-week course that focuses on budgeting, saving and sensible spending. Thirty-eight Marines, sailors and spouses attended the course and have paid off $176,708 worth of debt and put $84,303 into savings since beginning the course. Kimball hopes to start another course in the late spring. (U.S. Marine Corps photo by Cpl. Meghan J. Canlas)

Photo by Cpl. Meghan J. Canlas

Logistics Marines, sailors get smart on finances

11 Mar 2010 | Cpl. Meghan J. Canlas

Military members face some of the most stressful situations that come with the increased operational tempo on the home front and the dangers they face when fighting on the frontlines. So why would they let money problems become part of the equation?  According to webmd.com, 81 percent of Americans claim financial problems as the top stressor in their life during a September 2008 survey.

To alleviate the stress that money can have on service members and their families, Navy Lt. Harlan Kimball, taught a financial class to 38 Marines, sailors and spouses from Combat Logistics Regiment 25, 2nd Marine Logistics Group, aboard Camp Lejeune, N.C., March 8.

“I started teaching this class because I noticed the demands were high,” said Kimball, a chaplain for 2nd Medical Battalion, CLR-25, referencing to his day-to-day interactions with service members.

The seven-week course was taught Tuesdays and Thursdays for one hour, and covered topics such as budgeting, saving and sensible spending.

“One of the most important things I learned was to do a budget,” said one of the students in attendance.  “A budget doesn’t mean not having fun, not spending money; it means allocating money for use.”

The course teaches students not to buy on impulse, but to save and work toward an end goal.

“The course reinforces a lifestyle change and pushes not to have debt,” said Chief Montgomery S. Clemons, corpsman with 2nd Med. Bn.

 “It pushes not to have instant gratification, but to save until you can buy without debt.”

Clemons, who began taking the course because one of his sailors needed financial help, said the course is important because it stresses to leaders how important it is to teach their [Marines or sailors] a lifestyle that can take the worry off of their plate and help foster a more financially secure future.

“No matter how much money you have, you’ll always spend too much without a budget,” he said.

One of the students said the course helped their family implement a plan where they were able to see progress. In the end, they were able to pay $9,000 towards an $18,000 credit card debt.

“We have an end goal in sight,” she said.  “It’s not an unknown number, without a plan, without a fixed time frame… I know that in ‘x’ number of months this amount of money will be paid off."

So far, the 38 students have paid off a grand total of $176, 708 of debt and saved $84,303 since they began the course. 

Kimball said he’s hoping to start another course in the late spring.  For more information call 910-451-0521.


Comments

Welcome to the 2d MLG's Official Page. We strive to provide our audience with perspective on unit and Marine Corps news and information while maintaining an issue driven, principle based and audience focused conversation online.

While this is an open forum, it's also a family friendly one, so please keep that in mind when posting comments. In addition to keeping it family friendly, we ask that you follow our posting guidelines listed below. Comments and posts that do not follow these guidelines will be removed:

-We do not allow graphic, obscene, explicit or racial comments or submissions nor do we allow comments that are abusive, hateful or intended to defame anyone or any organization.

-We do not allow solicitations or advertisements. This includes promotion or endorsement of any financial, commercial or non-governmental agency. Similarly, we do not allow attempts to defame or defraud any financial, commercial or non-governmental agency.

-We do not allow comments that suggest or encourage illegal activity.

-Apparent spam will be removed and may cause the author(s) to be blocked from the page without notice.

-You participate at your own risk, taking personal responsibility for your comments, your username and any information provided.

- For Official Use Only (FOUO), classified, pre-decisional, proprietary or business-sensitive information should never be discussed here. Don't post personnel lists, rosters, organization charts or directories. This is a violation of privacy.

The appearance of external links on this site does not constitute official endorsement on behalf of the U.S. Marine Corps or Department of Defense.

You are encouraged to quote, republish or share any content on this site on your own blog, Web site or other communication/publication. If you do so, please credit the command or the person who authored the content as a courtesy.

Semper Fidelis.

Resources

Click for COVID-19 InformationReport Suspicious ActivityDStress Hotline