Military Financial Literacy Resources
Misadventures in Money Management for Military Servicemembers:
This online resource is offered by the Consumer Financial Protection Bureau (CFPB). It is a cutting-edge program that allows you to choose your own adventure in a virtual learning experience that trains future and current servicemembers on how to navigate future financial landmines in a fun and interactive way. The program is currently available for use by all of the U.S. Armed Forces. Topics include the importance of building savings; how to avoid impulse purchases, how debt can affect a military career, and protections under the Servicemembers Civil Relief Act (SCRA).
Navigating the Military Financial Lifecycle:
Whether you are a servicemember entering basic training or you just hung up your uniform, the Consumer Financial Protection Bureau (CFPB) can help you handle financial challenges at every step of your military career. This guide provides information such as your rights under the Military Lending Act (MLA) when borrowing money, dealing with debt collection, strategies for tackling student loan debt, delegating financial management during deployment, making the most of GI Bill benefits, and questions regarding a pension advance.