Entering the CF and YOUR Money....

[BinRat55]

T-Bill ???  I wouldn't ever recommend a T-Bill to anyone (never for the past two decades anyway).

TFSA would be better than most of those suggestions, other than "Donate it to me".  >

Good one - I never thought of a TFSA...

What about a really big fish tank? You could put phiranna in there and bury all the loot at the bottom?

I'm sorry - i'm just in an impish mood... also, like WHAT GEORGE SAID - maybe a financial planner wouldn't have given you the answers I did... just sayin...

 

[Jska]

Thanks!

Yes, Definitely trying to minimize taxing off of it as much as possible as much as a drinking fund, etc would be nice!

 

[George Wallace]

There is also this sticky,

Entering the CF and YOUR Money.... 
http://army.ca/forums/threads/26093.0.html
10 pages.
OP: "I would wish for the mods to sticky this thread, and any and all advice, questions, and occasionally opinions to do with personal finances be discussed here."

It is "Stickied" and up there.  [

 

[kungfupanda]

Are reg force soldiers allowed to have part time jobs?

I ask cause right now I work part time as a firefighter and also part time for a private ems company that does pt transfer and event medical. I applied for armored crewman and will unfortunately have to resign from my ff position if hired, however if after BMQ/trade I am stationed in Edmonton the ems company has an office there and I would be able to still pull shifts. The Fire Department we have to schedule our shifts 60days in advance so it may be unrealistic to be able to keep those commitments.

Do you guys find the cf pays well enough to support a family on a single person income with out having to work extra? Or at bare minimum does your significant other have to work as well? Once your trade trained are there opportunities with in the cf to pick up extra shifts or work if needed? example....extra money for vacation, last push to finish off loans ect...

Thoughts, comments, suggestions?

 

[mariomike]

Are reg force soldiers allowed to have part time jobs?

Working Part-Time On the Side 
http://army.ca/forums/threads/92807.0;nowap
2 pages.

Having another job while in the CF...is it possible?
http://army.ca/forums/threads/55404.0
2 pages.

I ask cause right now I work part time as a firefighter < snip >

You may find this discussion of interest,

Volunteer firefighters in Reg Force (merged)
http://army.ca/forums/threads/102618.0
2 pages.

Once your trade trained are there opportunities with in the cf to pick up extra shifts or work if needed?

Overtime? I am sure someone will correct me if I am wrong, but from what I have read on here,

"You might work 'overtime', but you don't get paid for it."

"No member of the Canadian Armed Forces receives any type of "overtime" pay."

"Actually, all CF members get overtime pay; it's just that it's factored in to the base pay."

"NOT ONE PERSON serving in the CF is paid OVERTIME;  PERIOD."

 

[WFT32]

How far is the pay between NCMs and Officers?

 

[SupersonicMax]

What do you mean by "how far"?  Between Private and General?  Any factor for responsibilities and qualifications? 

It is a broad question you are asking that may have very different answers depending on how you interpret it.  Regardless, here are the pay scales for regular forces Officers and NCM respectively:

http://www.forces.gc.ca/en/caf-community-pay/reg-force-class-c-officer-rates.page
http://www.forces.gc.ca/en/caf-community-pay/reg-force-ncm-class-c-rates.page