5 Money Tips Before Your E-5 (Or O-3‪)‬ Team Charleston Family Readiness Podcast

The National Financial Educators Council states that 63% of military respondents experience stress due to their current financial situation, and 37% of respondents are unsure about their financial futures.* That's why today we're going to help secure those futures. 

We've got five money tips before your e-5 (or an O-3). Truth be told, though, these are for everyone, it's just better if you start early. 

Today we cover TSP, Emergency Funds, Credit Scores, Financial Documents, and Home Buying for military families. 



Resources

*https://www.financialeducatorscouncil.org/military-financial-statistics/#:~:text=Statistics%20Demonstrate%20Military%20Financial%20Hardships,and%20fewer%20assets%20than%20civilians.

Sign up for Military & Family Readiness financial workshops at:

https://jbcmfr.com/workshops-appointments/

Plan for a lifetime with the TSP at https://www.tsp.gov/

Ways to help build an emergency fund: https://www.militaryonesource.mil/financial-legal/personal-finance/budgeting-and-saving/building-a-solid-emergency-fund-and-creating-financial-readiness

Find out your credit score: https://www.annualcreditreport.com/index.action.

Joint Base Charleston Legal Office:

Air Base: 843.963.5502

Weapons Station: 843.794.7500

How to safeguard a vital document: https://www.ready.gov/sites/default/files/2020-03/fema_safeguard-critical-documents-and-valuables_0.pdf

Military One Source home buying tips: https://www.militaryonesource.mil/moving-housing/housing/specialized-housing/buying-a-home-off-military-installation