WASHINGTON— The Defense Credit Union Council said it has joined with the United States Military Academy and Lightbulb Press to produce a 160-page Armed Forces Financial Guide.
The guide contains vital financial information that coincides with each stage of the military lifecycle, according to DCUC.
“Military families encounter complex financial issues at one or more stages in their military career and beyond,” DCUC said. “Defense credit unions are prepared to provide tailored advice to assist military families as they navigate through these issues. This guide is one of those resources. As proud partners and charter members of various Department of Defense and Department of Veterans Affairs financial readiness and literacy campaigns and as veterans ourselves, we are acutely aware of the financial challenges with which military members, veterans, and their families often struggle.”
According to DCUC, the guide, developed by military financial education experts, is the most comprehensive approach to these issues available anywhere. It covers topics such as financial basics, deployments, special pay, transition and retirement, service benefits, and more. In addition to this valuable information, the guide offers strategies and tips that will help members of the military and veterans set and meet immediate and long-term financial goals, DCUC said.
‘Just One Part’
“However, financial education is only one part of the equation for financial success,” DCUC continued. “It is most helpful to use this guide in combination with support from a Personal Financial Manager, civilian financial planner in your local community, and your credit union. These community resources, as well as many others listed throughout the guide, are reliable sources of up to date information for our military and veterans’ financial questions.”
DCUC said its goal in releasing the Armed Forces Financial Guide is to prepare military for financial success, both during their career and as they embark on their transition from active service.
To purchase copies of the guide or license an e-book version, contact Mavis Wright at mwright@lightbulbpress.com or visit https://www.dcuc.org/page/AFFGuide for more information.