Personal Financial Readiness Program

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Click here to view the 87FSS Events Calendar!

87FSS Events Calendar

welcome to the personal financial readiness center!

MFSC at JB MDL McGuire:  Bldg. 3435 Broidy Road, 609.754.3154

MFSC at JB MDL Lakehurst: Bldg. 488-2 Highway 547, 732.323.1248

For more information about the MFSC, please click here.

Personal Finance Readiness

Planning for the future begins with knowing your present. MFSC is here to help you reach your financial goals. Live for today, Save for tomorrow.

Do you have a budget?

Budgeting lies at the foundation of every financial plan. Unlike what you might believe, budgeting isn’t about restricting what you spend money on and cutting out all of the fun in your life. It really is about understanding how much money you have, where it goes, and then planning how to best allocate those funds.

If you need assistance with budgeting, credit, and other financial matters please contact the MFSC and request an appointment with one of our consultants.

It is important to check your Credit Reports periodically through the year to ensure that all information is correct. You can access your free credit reports by visiting www.annualcreditreport.com to get a free copy of your credit report from each of the nationwide credit reporting agencies. You can receive a free credit report from each reporting company once every 12 months. By phone: Call 877.322.8228.

Tip: By requesting the reports at the same time, you can determine whether any of your files have errors.

By requesting the reports separately, you can monitor your credit files more frequently throughout the year.

Your free credit report does not include a credit score. You can purchase a score directly from the credit reporting agencies and scoring companies. However, it’s important to check your credit report to make sure the information is accurate because your credit score is based on the information in your credit report. It’s also important to note that the score you purchase may not be the same as the one lenders use to decide whether to give credit.

You are also eligible for free reports from some of the specialty consumer reporting companies such as rental payments, medical payments, insurance payments and more.

For more information on specialty reports go www.consumerfinance.gov.

**The MFSC has the ability to obtain to obtain for you and your spouse your credit report and your FICO like Credit Score courtesy of saveandinvest.org.

Financial Workshops

A variety of Financial Workshops are available at the Military and Family Support Center. Please call to obtain dates and times. Also, you may register for select workshops by going to www.gomdl.com and clicking on the JB MDL Resilience box on right. Below is a sample of our most popular workshops, all geared to have you in charge of your financial future. If a workshop is not listed that you are interested in please contact the MFSC. New workshops are always being added.

  • Couponing Bootcamp
  • Homebuying 101
  • Investing ABC’s
  • Creditability: You are what You spend (Credit Reports)
  • First Duty Station Finance Brief
  • Bundles for Babies
  • Holiday Spending
  • Identity Theft
  • Car Buying: Wheels and Deals
  • Sand, Surf & saving: Budgeting for Vacation
  • Saving as a Family (child and parent )
  • Making Savings Stick (Duct Tape wallets-child and parent)
  • Many more as well as individual appointments

For a complete listing of classes being offered currently, please click here.

Military Saves Week

All over America people just like you are proving that you do not have to be rich to build wealth. As members of Military Saves, they are paying off debt and saving to reach their financial goals. Military Saves and the Military & Family Support Center (MFSC) can help with tips and tools to help you set goals, develop strategies to reach those goals, and to start savings. Take the saver pledge and start making you dreams a reality!

www.militarysaves.org/take-the-pledge

Helpful Websites:

http://www.consumerfinance.gov/

www.saveandinvest.org

www.militaryonesource.mil

www.miltiarysaves.org

www.ftc.gov

Emergency Financial Assistance

Emergency assistance usually combines an assessment of the emergency situation and an evaluation of the personal budget to arrive at a decision to make an interest free loan, a grant, or combination of both. Financial assistance is given when a qualifying individual cannot otherwise pay for specific basic needs essential to continued personal effectiveness as a military member. Active Duty, Active Duty Spouse with Power of Attorney, Retired Service Member, Widow/Widower Retiree are who may be assisted.

Application Process

The application procedures are different for certain branches, please find your branch and classification and follow the application procedures. For questions, please call 609.754.3154.

Army

Applicants from the Army, please contact Army Emergency Relief, 609.562.4245.

Air Force

Please access the following website https://my.afas.org/memberportal/Login/Login.aspx and complete an application for Air Force Aid. If you never used the system before, you will need to register as a new user.

After you have submitted your application online, you will need to call the Military and Family Support Center, 609.754.3154 to schedule an appointment.

In addition to your application, there will be other documents that are required to support your case, when you call for your appointment please make sure to ask what additional documents you will need to bring to your appointment.

Marines, Navy and Coast Guard

Navy-Marine Corps Relief Society

Applicants from Navy, Marines, and Coast Guard MUST contact Navy-Marine Corps Relief Society at 732.608.3444 and leave a message. A caseworker will call you back.