An official army family and MWR Site

Financial Readiness Program

The Financial Readiness Program is your resource for information on money matters. We can help you better understand financial topics like: 

  • Military pay
  • Checkbook and debit card management
  • Financial responsibility
  • Consumer awareness
  • Credit management
  • Debt elimination strategies
  • Saving
  • Investing
  • Developing a spending plan


We can also help you learn about other financial services, including:

  • Army Emergency Relief (AER): A private, nonprofit organization established to help Soldiers and their Families in emergency financial situations due to no fault of their own.
  • Education Program: Offers need-based scholarships to help eligible Army Families with education costs.


Family Subsistence Supplemental Allowance (FSSA) Pre-screening

Pre-screening and counseling for Soldiers who qualify for the FSSA entitlement. FSSA is an entitlement authorized by Congress in 2001 and was created to supplement the Soldier's Basic Allowance for Subsistence (BAS). This entitlement will not exceed $1100 per month. Information and application for FSSA is web-based and can be found under the "Life Events that Impact Your Benefits" tab.

Additional Financial Resources

Other helpful financial readiness links include:

  • Thrift Savings Plan: A Federal Government-sponsored long-term retirement savings and investment plan, available for both Federal civilian employees and members of the uniformed services.
  • U.S. Savings Bonds: A shorter-term savings option with competitive interest rates and backed by the full faith and credit of the United States.
  • Military Saves: A component of the nonprofit America Saves and a partner in the Department of Defense’s Financial Readiness Campaign, Military Saves seeks to motivate, support, and encourage military Families to save money, reduce debt, and build wealth.
  • Money Matters: A mobile-optimized resource with calculators for savings, debt reduction and other reference material in one location.
  • Housing Resources for Military Members: The National Military Family Association has compiled a great list of resources to help Military Families who are struggling with the pitfalls of the housing crisis.
  • Army OneSource: Network of the services and delivery of support to Soldiers and their Families.
  • Military OneSource: A Department of Defense-funded program that provides comprehensive information on every aspect of military life at no cost to active duty, National Guard, reserve members, and their Families.
  • Office of Servicemember Affairs: A component of the Consumer Financial Protection Bureau helps to educate and empower military members, veterans, and their Families in the consumer financial marketplace.
  • A project of the FINRA Investor Education Foundation, a free, unbiased resource dedicated to your financial health. Helps you make informed decisions through easy-to-use tools and resources, and arms you with the information you need to protect yourself from investment fraud.
  • Better Business Bureau Military Line: Provides specialized education and support services, which meet the needs of active and retired military personnel and their Families. 
Military Classes / Unit Training

Military Classes

Reservation is required for all Financial Readiness Classes. Attendees should contact 804-765-3800 to secure a seat.

Unit Training Available

  • Thrift Savings Plan
  • Home Buying
  • Consumer Awareness
  • Identity Theft
  • Banking and Checking
  • Developing a Spending Plan and Debt Management
  • Money and Moving
  • Debt Elimination

All Financial Readiness Program financial topics (to include community class topics) are available for Units and FRGs upon request.

Community Classes Descriptions

Reservation is required for all Financial Readiness Classes. Attendees should contact 804-765-3800 to secure a seat.

Credit Management
Participants will learn how to establish and maintain good credit in addition to understanding credit scores and reports. 

Debt Elimination
Learn how to identify your debt to income ratio and establish an effective power plan for debt elimination.

Personal Spending Plan
Learn the key components of developing an effective spending plan and maintaining a personal budget that works! Evaluate your present financial situation and establish personal financial goals. 

Retirement Planning
Learn military and/or civil service retirement financial preparation techniques. Also, learn how to estimate retirement funding needs, along with comparing and evaluating different retirement account options. 

Thrift Savings Plan
Participants will learn detailed information on the Thrift Savings Plan (TSP) and understand how TSP can assist in providing financial security during retirement. 

Maximizing Your Tax Refund
Learn tips/techniques to identify wise usage of your 2021 tax refunds.


Identity Theft

Service members are especially at risk for becoming victims of identity theft.

Soldiers deploy, move frequently and use their Social Security Number for a variety of official purposes. Identity thieves use a variety of tactics to steal your identity. Risks include lost or stolen purse/wallet, internet/E-mail/file sharing, store/bank/restaurant employees, dumpster diving, mail theft, telemarketers/sweepstakes and, in the workplace.

Limit the information you give out, such as Social Security numbers, date of birth, mother's maiden name, account numbers and driver's license numbers. Ask how information will be used and verify the source.

To obtain your free credit report, authorized by law, go to: or call 1-877-322-8228.

Consumer Myths

Myth #1
You have a 3-day right to cancel any purchases or contracts. The fact is: You have 3 days to cancel large item purchases. There are return policies. Make sure you are aware of it. Cancel all contracts in writing and send it Certified Return Receipt within the allotted time.

Myth #2
Deposits are refundable. The fact is: A deposit is an agreement between you and the business. You may not receive your deposit back. Get all promises in writing!

Myth #3
Retailers are required to give refunds. The fact is: A store is not obligated to accept items for refund, exchange, or credit except in cases where the item is defective. Find out the store's refund policy before purchasing an item.

Myth #4
If my car breaks down, I can return it under the "Lemon Law." The fact is: Virginia's Lemon Law applies to new cars only and used cars under dealer warranty. There are a number of steps, requirements, and procedures, which must be documented and followed.

Myth #5
The bank cannot cash a post-dated check before the date on the check. The fact is: Most checks are processed through the bank electronically. The date on the check is a memo for your purposes only. Once you write a check, it is a valid negotiable instrument and can be cashed immediately.

More Community Support

VMIS First Fridays

Interested in volunteering? This class is for you.

Dec 2 11 am - 12 pm

Co-Parenting: Two Parents Two Homes

Learn how to focus on the responsibilities of parenting from separate households.

Dec 5 6 pm

Community Action Council Meeting

Find out the latest official news & upcoming events information!

Dec 6 9:30 am

Community Action Council Meeting

Find out the latest official news & upcoming events information!

Dec 6 9:30 am

Cork & Canvas

Fun-filled afternoon creating beautiful art!

Dec 10 4 pm - 7 pm

Take the Tour Tuesdays

Dec 13 10 am - 11 am

Baby Basics For New Dads

A free class for all expecting dads!

Dec 14 9 am - 11 am

Baby Basics For New Dads

A free class for all expecting dads!

Dec 14 9 am - 11 am

Overseas Brief

Dec 21 1 pm - 3 pm

Right Arm Night

Dec 28 5 pm