- 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.
- Financial Readiness Affiliates
- Thrift Savings Plan (TSP). The TSP is a federal government-sponsored retirement savings and investment plan available to both federal civilian employees and members of the uniformed services. The TSP offers the same type of savings and tax benefits that many private corporations offer their employees under 401(k) plans. The retirement income a TSP account provides will depend on working-year contributions and the earnings on those contributions. Learn more at the official Thrift Savings Plan website.
- Consumer Financial Protection Bureau (CFPB). The CFPB makes markets for consumer financial products and services work for Americans — whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products. The CFPB gives consumers the information they need to understand the terms of their agreements with financial companies. Learn more about the CFPB, visit the CFPB on-demand forum and tools website, or order free CFPB publications.
- Better Business Bureau (BBB) Military Line. The BBB Military Line provides free resources to our military communities in the areas of financial literacy and consumer protection through the efforts of 112 BBBs across the US. Visit the BBB Military Line to learn more.
- Wed, Dec 11 - Identity Theft: This seminar discusses how thieves steal your identity and what you can do to deter, detect and defend against identity theft.
- Thu, Dec 12 - New Year...New Budget: The new year is a great time to update your budget. This seminar provides learners with knowledge and actions you can take to help cut costs , pay down debt and save money.
- Fri, Dec 13 - Holiday Spending: This seminar is designed to help you plan for the added expenses of the holidays and special events. We will discuss strategies to avoid overspending and accumulating excessive debt.
- Wed, Jan 15 - Tax Updates: This Workshop discusses the U.S. Tax System and the goals of personal tax planning. We will discuss the current tax updates.
- Thu, Jan 16 - Retirement: This seminar will provide information about Social Security and Medicare benefits to help bring your post-career plans into focus. We will discuss the basics and strategy of Retirement, Spouse’s, Survivor’s and Medicare benefits, how to qualify and provide tools to help guide your decisions.
- Fri, Jan 17 - Promotion: In this seminar, we will review your finances to help set you up for a successful and prosperous future. We will cover four main topics: Financial Planning, Saving for Retirement, Career Investment Programs and Financial Resources.
- Wed, Jan 22 - Saving and Investing: This seminar will identify reasons to save and how to set goals for a savings plan. Participants will explore the difference between short term savings and long-term investments.
- Thu, Jan 23 - Dream Big, Plan Now: This workshop will be an open discussion.
- Fri, Jan 24 - Psychology of Spending: Spending habits can be influenced by a variety of factors, both internal and external. When it comes to budgeting and spending, it's important to not only determine the what, but the why and how. Join us to learn more about the psychology of spending and how to use this awareness to ensure your spending habits align with your goals.
- Wed, Jan 29 - Financial Planning for the Future: This workshop focuses on sources of income, retirement planning steps, military pension systems and the Thrift Savings Plan (TSP).
- Thu, Jan 30 - Building Strong Credit: This seminar provides information on credit establishment, credit management, and debt relief. It introduces debt-to-income ratio concepts, the importance of monitoring credit reports and scores, and briefly addresses the SCRA and bankruptcy.
- Fri, Jan 31 - Paying Off Debt: This seminar is designed to teach strategies for paying off debt and work towards achieving your financial freedom.
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:
(Government Links)
(Non-Government Links, No Endorsement Implied)
The Financial Readiness Program helps educate service members about personal financial management. Consumer assistance is offered in cases involving conflict with local businesses. In all cases, counseling is provided on an individual and confidential basis.
ACS Financial Services is now offering VIRTUAL counseling and seminars!
VIRTUAL FINANCIAL LUNCH & LEARN
with Leary
Dates: Wednesday - Friday
Time: Noon - 1 p.m.Login and listen to our Financial Readiness Program Counselors, Leary, as he hosts dynamic discussions of current events, financial topics, take your requests and questions, and engage the audience. This is an opportunity to listen in as your schedule allows.
December Lunch & Learn Topics below.
Registration is not required and all classes are free!
Week 2
HAPPY HOLIDAYS & HAPPY NEW YEAR!
January Lunch & Learn Topics below.
Registration is not required and all classes are free!
Week 3
Week 4
Week 5
Sign-in using the MS Teams link below at least 5 minutes prior to the start time.
Registration is not required. If you're not already a member, you will need to download Microsoft Teams (MT) and join using your browser.
Personal Budgets - Handling Credit Wisely - Planning for the Future
ACS Financial Professionals will be at the ready to give you professional advice and answers...virtually!
