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Whiskey Tango Foxtrot – Learning the Lingo Series: Money, Money, Money

In this part of the Whiskey Tango Foxtrot – Learning the Lingo Series, we are going to explore the acronyms & terms that have to do with all things money! Let’s take a look!

Military Money Acronyms & Terms:

  • Advanced Pay – Payment before it is earned
  • AER – Army Emergency Relief
  • AFAF – Air Force Assistance Fund
  • AFAS – Air Force Aid Society
  • AIP – Assignment Incentive Pay
  • Allotment – A member designated amount that gets paid directly to a person or a place monthly from their pay
  • Allowances – Pay and special compensation
  • BAH – Basic Allowance for Housing
  • BAS – Basic Allowance for Subsistence (food)
  • Basic Pay – Member’s military pay based on the member’s grade and years of service
  • BRS – Blended Retirement System
  • Clothing Allowance – annual amount for members to pay for their uniforms
  • CONUS COLA – Cost of Living Allowance in the continental United States
  • DFAS – Defense Finance and Accounting Service
  • DLA – Dislocation Allowance
  • FSA – Family Separation Allowance
  • FSGLI – Family Servicemembers’ Group Life Insurance
  • HDIP – Hazardous Duty Incentive Pay
  • HDP – Hardship Duty Pay
  • HFP/IDP – Hostile Fire Pay/Imminent Danger Pay
  • LES – Leave and Earning Statement
  • OCOLA or OCONUS COLA – Overseas Cost of Living Allowance
  • OHA – Overseas Housing Allowance
  • Per Diem Compensation – Pay while away from one’s home duty stationPFMP – Personal Financial Management Program (branch specific)
  • SBP – Survivor Benefit Plan
  • SGLI – Servicemembers’ Group Life
  • Special Pay – Pay received for a variety of additional duties or circumstance
  • TLA – Temporary Living Allowance
  • TLE  – Temporary Lodging Expenses
  • TSP – Thrift Savings Plan

There are so many different aspects to military money. We hope you have a better grasp of these money terms and acronyms and aren’t saying Whiskey Tango Foxtrot any more!

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Jenn is a seasoned Air Force spouse , who loves being a boy mom. She's been a blogger for over 10 years and loves being a teacher, no matter the size of the class!

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