- Financial Readiness Program (FRP). FRP provides comprehensive educational and counseling programs in personal financial readiness. The program covers indebtedness, consumer advocacy and protection, money management, credit, financial planning, insurance, and consumer issues. Other services offered include mandatory financial literacy, financial planning for transitioning Soldiers, financial counseling for deployed Soldiers and their Families, and the Department of Defense Family Subsistence Supplemental Allowance Program.
- Army Emergency Relief (AER). AER is the US Army's own nonprofit organization dedicated to alleviating financial distress in the force. AER provides grants and zero-interest loans to active-duty and retired Soldiers and their Families. AER has supported over 4 million Soldiers since 1942. AER offices are conveniently located at installations around the world. Visit ArmyEmergencyRelief.org to learn more.
- Online Support and Education. Go to Financial Frontline for self-service financial literacy education and help.
- Blended Retirement System. The Blended Retirement System (BRS) combines elements of the legacy retirement system with benefits similar to those offered in many civilian 401(k) plans. Get smart on retirement benefits with the Army Retirement Services Office and Joint Knowledge Online Training.
- U.S. Savings Bonds: A shorter-term savings option with competitive interest rates and backed by the full faith and credit of the United States.
- Money Matters: A mobile-optimized resource with calculators for savings, debt reduction and other reference material in one location.
- Financial Literacy Game: A great way to learn about finances, integrating creativity, education and fun in a virtual world.
- Army OneSource: Network of the services and delivery of support to Soldiers and their Families.
- Military OneSource: A Department of Defense-funded program that provides comprehensive information on every aspect of military life at no cost to active duty, National Guard, reserve members, and their Families.
- Office of Servicemember Affairs: A component of the Consumer Financial Protection Bureau helps to educate and empower military members, veterans, and their Families in the consumer financial marketplace.
- FINRA For Investors: A tool to use when making a decision for investments. They offer tips to help service members, making sure they are protected and are asking all the right questions when navigating investments.
- Service Credit Union: PSCU provides products and services that fit the unique needs of their members. They offer lots of good resources to our military communities in the areas of financial literacy. View their Banking for Military Members webpage HERE to find out more.
- Community Bank. Community Bank offers a wide range of country-specific and stateside-like products and services to help you manage your money while living overseas. Their associates will help you customize a unique blend of localized services to help you pay your local and stateside bills, obtain U.S. Dollars and local currency easily and affordably, and even help you structure a savings plan for covering potential emergencies. They can even help you with becoming more financially literate. Visit their website HERE
Want to take charge of your finances? The Army's Financial Readiness Program (FRP) and Consumer Advocacy Services can help with comprehensive educational and counseling programs. Learn about debt, consumer advocacy and protection, money management, credit, financial planning, insurance, and consumer issues. Through classroom training and individual counseling, participants can learn how to save and invest money, establish savings goals, eliminate debt, and save for emergencies.
We offer:
Here are some other financial resources for Soldiers and their Families:
Financial Readiness Affiliates:
Thrift Savings Plan: A Federal Government-sponsored long-term retirement savings and investment plan, available for both Federal civilian employees and members of the uniformed services.
