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Here is a PDF and PowerPoint briefing for basic financial concepts and topics for military servicemembers.
This brief useful for introducing concepts to new soldiers, sailors, airmen, guardians, and marines and encouraging conversations about financial topics.
The briefing covers:
- my personal finance flow chart for military servicemembers
- why starting early matters
- TSP, BRS
- budgeting (or not budgeting and just auto saving and spending the rest)
- checking and savings accounts, emergency fund
- debt snowball vs debt avalanche
- Roth vs Traditional, IRA vs TSP
- Asset allocation (lifecyle funds for the win)
- auto insurance, home, life, renters insurance
- deployment finances
- credit cards
- financial independence
One of the most important thing leaders in the military can do is introduce good financial habits and concepts to their people. A good NCO or officer can literally be the difference between an airman that retires with a million dollars or retires with a few thousand.