Preparing Transitioning Service Member for Predatory Financial Sales Practices

Service members and their families are a protected group when it comes to their finances. The Department of Defense intentionally protects the military community from predatory financial sales practices while they are serving. Those protections are no longer there when you separate or retire, making transitioning service members top targets of predatory sales practices. 

In this episode, Drew Stamp discusses what service members and their families are up against when they’re leaving the military and how to educate themselves and combat bad actors in the financial and veteran space. We also discuss whether all the benefits the community receives could negatively affect them.

We talk about:

• Transitioning from Military Service
• Purpose, Identity, and Community
• Predatory Financial Practices
• Financial Literacy Gaps
• Misleading Sales Practices
• The Importance of Gratitude and Self-Sufficiency
• Positive Traits of Financial Professionals
• Financial Planning for Transition

Show notes: https://milmo.co/podcast/predatory-financial-sales-practices