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The Society devotes considerable attention and significant resources to educating servicemembers and their families in the basics of responsible money management.
Services Available
Budget Reviews. All NMCRS locations can help servicemembers and their families review and understand their monthly budget and make recommendations for improvements. If you are interested in better understanding where your money is going each month, contact your nearest NMCRS office and schedule an appointment to review your budget.
Other Resources.
- Command Financial Specialists trained in personal financial management are available in most Navy and Marine Corps organizations to assist members of their commands.
- Fleet and Family Service Centers often have a professional financial counselor assigned who can provide both individual counseling and group training.
- Other organizations offer various kinds of helpful personal financial management information and planning assistance. Links to some of these organizations' web sites are listed below.
- CinCHouse.com - Help for military
families regarding pay, relocation, job opportunities, health and fitness,
legislative update, and more.
- The Women's Institute for Financial
Education - Non-profit organization dedicated to financial education
for women.
- ElderWeb - A guide for seniors
in obtaining information regarding health, housing, retirement and lifestyles.
- Budget Central - Budgeting
basics.
- MortgageLoan.com calculator — A resource tool for calculating costs (mortgage payments, retirement income, college costs, etc.)
- Kelly Blue Book - Car buying guide.
- CarPoint - Information on
new and used car buying.
- TRICARE - Health benefits
information.
- Lifelines - Military Quality
of Life issues.
- Department of Veterans' Affairs official
Web site.
- United States Navy official Web site
- Information about and for Navy Personnel.
- Fleet Reserve Association - a resource
for military-related web sites.
- U.S. Marine Corps official Web site
- Information for and about Marines.
- CareGuide.com - A guide to
care giving resources.
- Dollar Stretcher - Budgeting
information).
- Social Security Administration -
The official Web site for the Social Security Administration.
Assistance to Commands. At most locations, Society staff are available to assist commands in providing personal financial management education. Annually, NMCRS presents money management seminars, workshops, and education for thousands of people. This training includes:
- Command Financial Management Specialist support
- Formal Budget for Baby Workshop presentations
- Briefings, including basic information, pre-deployment, and personal financial management portions of general military training.
If you are interested in scheduling or attending this training, contact the closest NMCRS office for information about opportunities in your area.
Family Seminars and Workshops. NMCRS conducts seminars and workshops for family groups. The most popular is our Budget for Baby workshop. This 1½-hour seminar is conducted regularly at many of our sites and is open to Navy and Marine families who are expecting or recently welcomed a baby into their family. The goal is to help make servicemembers and their families aware of the increased living expenses that come with a new baby, and to discuss effective ways of making adjustments to spending and saving habits. A family who attends the seminar or receives a one-on-one “Budget for Baby Workshop” will receive a free layette from the Society that contains many useful baby items and a special gift from a Society volunteer.
Contact your nearest NMCRS location for information on seminar schedules. If the seminar is not available at your location, you can make an appointment with office to review your budget and help you understand the impact of a baby on the budget.
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For a quick reference booklet on military pays and allowances, select the picture to the left. This will open an Adobe Acrobat .PDF file which you are free to print. If you don't have Adobe Acrobat on your computer, you can download it free from the Adobe web site.
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This page last updated on April 12, 2010
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