A Twitter chat is like a meeting on Twitter; it has a specific discussion topic and a scheduled start time. Using the hashtag #MilCents at the end of each tweet, MFAN will ask questions to a group of financial experts.
Our participants come from every branch of service and are connected to military life in some way. More than 42 percent are active duty service members and their spouses. We also include veterans, retirees, national guard, and reserve members, and their families, as well as Gold Star spouses and divorced spouses.
Most survey respondents came from enlisted ranks, specifically E4 to E6, as is also true of today’s armed forces. We are proud that our respondents included all ranks of service.
Most active duty service member respondents were younger than 34 years old, which is representative of the serving force, which, according to the Department of Defense 2018 Demographics Profile has an average age of 28.2. Similarly, the spouses of active duty service members who responded to our survey were also younger than 34 years old.
The majority of active duty members and spouses who responded have children younger than 18. The childrens’ ages were relatively evenly distributed, with 68% of them younger than nine years old.
Respondents came from all 50 states in the country, two US territories, and 24 international countries. The top states in which the most respondents live are also the states most populated by service members: Texas, Virginia, California, North Carolina, and Florida.
Respondents came from all 50 states in the country. The top states from which the most respondents live are also the states most populated by service members: