Feb 20, 2009

Marketplace Money for Weekend of Feb. 21-22, 2009

Segments From this episode

Savings in store for sailors, Marines

by Tess Vigeland

Feb 20, 2009

While visiting the San Diego Naval Base, Marketplace Money stopped in at the Navy Exchange where products are discount-priced to set sale.

The Navy Exchange in San Diego is a discount department store just for military members and their families.

Tess Vigeland / Marketplace

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Debt of Service: Personal Finance in the Military

Do combat personnel get fair pay?

by Tess Vigeland

Feb 20, 2009

Michael O'Hanlon at the Brookings Institution estimates the U.S. has spent more than $400,000 per troop in Iraq and Afghanistan. But, Tess Vigeland asks, is the pay in line with the duty?

Brookings Institution

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Debt of Service: Personal Finance in the Military

Getting personal finances ship shape

by Tess Vigeland

Feb 20, 2009

The branches of the military consider financial fitness as important as physical training. About three years ago the Navy ramped up its financial counseling service. Tess Vigeland visited the San Diego Naval Base to see how it works.

Members of the Navy, Marines and Coast Guard take classes to become command finance specialists. The Navy requires a finance specialist for every 75 sailors.

Tess Vigeland / Marketplace

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Debt of Service: Personal Finance in the Military

Ex-military in step with middle class

by Marketplace Staff

Feb 20, 2009

About half of the 16 million Americans who served in World War II parlayed their active duty into a middle-class civilian life. Can today's military personnel anticipate a similar future? Tess Vigeland asked military sociology professor David Segal.

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Debt of Service: Personal Finance in the Military

'I will take care of my son'

by Jeff Tyler

Feb 20, 2009

When members of the Armed Forces are seriously wounded, their families and friends face putting aside their own careers and goals to lend support. Jeff Tyler reports on the impact of a soldier's injury on his mother and sister's bottom line.

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Debt of Service: Personal Finance in the Military

Paying a big price for military service

by Janet Babin

Feb 20, 2009

When duty called, chiropractor Daniel Bordelon didn't turn his back. The Army National Guard colonel, who nearly drowned in Hurricane Katrina, gave up his practice at a huge loss to serve in rebuilding New Orleans.

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Debt of Service: Personal Finance in the Military

The wrong dress blues for this Marine

by Marketplace Staff

Feb 20, 2009

"Jarhead" author Anthony Swofford recalls how, despite needing to save money for college, he just couldn't schlep deep dish in the desert while still a member of the world's most elite fighting force.

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Debt of Service: Personal Finance in the Military

She's a veteran of charities' pleas

by Nancy Marshall-Genzer

Feb 20, 2009

Yvonne Oppenheimer's brother couldn't say no to charities claiming to raise money for veterans. Now, even though he's deceased, the solicitations keep coming. Nancy Marshall Genzer reports.

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Debt of Service: Personal Finance in the Military

He's not leaving any soldier behind

by Tess Vigeland

Feb 20, 2009

Patrick Sowers found a good job with higher pay and less work than he'd known as an Army sergeant. That bothered him. He's been paying back ever since, to the benefit of thousands of people in uniform.

Patrick Sowers writes a $700 check at Fort Hood in Killeen, Texas, to help an Army private recently returned from Iraq get back to his family in Arizona.

Tess Vigeland / Marketplace

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Debt of Service: Personal Finance in the Military

Injured, but still stickin' with the Army

by Tess Vigeland

Feb 20, 2009

Army Sgt. Angel Herrera drove trucks for an engineering unit in Afghanistan until serious wounds from a rocket-propelled grenade ended her tour of duty. But she's not ready to give up her stripes.

Army Sgt. Angel Herrera with her husband, David. Sgt. Herrera was seriously wounded in Afghanistan in September 2008.

Tess Vigeland / Marketplace

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Fallout: The Financial Crisis

Web Only: Inside Obama's housing plan

by Tess Vigeland

Feb 20, 2009

President Barack Obama's $275 billion plan to help the housing market is projected to help almost 9 million homeowners. But what exactly is in the plan? Host Tess Vigeland discusses it with Nicolas Retsinas of Harvard's Joint Center for Housing Studies.