In a news release from Wallet Hub about 2019’s Best & Worst Places for Veterans to Live (Chicago ranked No. 93) and Military Money Survey, WalletHub CEO Odysseas Papadimitriou responded to a Q&A on several veteran and military-related topics.
What makes a city good or bad for veterans?
Papadimitriou said, “Ideally, every city would roll out the red carpet for our veterans, given all they’ve sacrificed for cities and citizens all across the country.
"That’s not the case, however, and it ultimately comes down to prioritization and funding. Some areas simply focus on veterans affairs more than others, and some have the means to make an impact, while others don’t. But the federal government is the one constant in all of this.
"Nationally, there is a dysfunctional relationship between the amount we spend going to war, or preparing to do so, and the amount we invest in recuperating. That needs to change. The first step: There should be no homeless veterans in the U.S. That is a national disgrace.”
What can we do to reduce the stress on military families?
Papadimitriou said in the release, "Military families have to put up with a lot – a lot of stress, worry, uncertainty, upheaval and much more. Some of that is unavoidable, but there are things everyone can do to lighten the load for the brave men and women of the military and those they love.
"One thing, of course, is to put more thought into where we send our troops and how long we make them stay, and to hold politicians accountable for the decisions they make. We can also look into things like reducing the service time needed to qualify for a pension and boosting financial literacy efforts aimed at the military community."
The survey also said nearly 200 million Americans felt military families experience more financial stress than the average family.