Servicemembers are more likely than civilians to use online tools in financial planning, according to the most recent First Command Financial Behaviors Index.
First Command released the latest results on Monday, showing that 56% of middle-class military families use online tools, compared with 44% of the civilian population.
Online bill-paying tools were the most commonly used among both populations (90%). However, military respondents were far more likely to use other tools than their civilian counterparts.
The survey found 84% of military respondents have set up automatic fund transfers, compared with two-thirds of the civilian group. They were more likely to go online to manage loans (44% versus 25%) and make a budget (40% versus 22%), too.