Adapting to pay changes is a routine part of military life—and staying financially ready means understanding how those adjustments impact your finances.
The latest National Defense Authorization Act (NDAA) provides a 4.5 percent pay increase for all service members, with an additional 10 percent increase for E1-E4 ranks, totaling a 14.5 percent raise for junior enlisted Marines.
What Should You Do with a Pay Increase?
When your paycheck changes, it’s the perfect time to:
- Review and update your budget.
- Start or grow your emergency fund.
- Pay down existing debt.
- Reassess spending habits.
- Plan for future financial goals.
Stay Focused on the Bigger Picture
Pay adjustments aren't just about more money in the short term—they’re an opportunity to build lasting financial stability. With careful planning and financial literacy, Marines can effectively navigate pay changes and maintain financial readiness.
Free Financial Help is Available
Your installation’s Personal Financial Management Program (PFMP) offers free support and guidance on budgeting, saving, debt management, and more. Don’t navigate pay changes alone—your PFMP is here to help.
MarineNet provides 24/7 access to training courses covering leadership, resilience, and skill development. Whether you're just starting your financial journey or looking to sharpen your money management skills, the below MarineNet courses provide practical tools to help you take control of your finances. From creating a spending plan to understanding credit and debt, each course is designed to build a strong foundation for long-term financial success.
- Developing a Spending Plan (MFRSPEND01)
- Exploring Your Financial Values and Habits (MFRPFVH001)
- Setting Financial Goals and Recordkeeping (MFRGOALS01)
- Credit and Debt (MFRCURCRDT)
All of these courses provide continuing education units for Junior Enlisted Performance Evaluation System credit.