 |
 |
 |
|
|
|
| |
|
|
|
|
|
 |
|
|
Our Mission: The Financial
Readiness Program supports Commanders in maintaining
unit financial readiness to sustain deployments. We also
counsel and educate service members and families on
financial self-sufficiency.
Service Eligibility: Our services
are available to active duty, retired, and reserve
service members from all branches of the armed forces,
their eligible family members, and Department of Defense
civilian employees.
Location: We are located on the
Selfridge Air National Guard Base, Building 780, Johnson
Street, Room 13.
To Contact our Agency: We can be
reached by telephoning (586) 307-4554. It is highly
recommended you call for an appointment, to ensure you
are eligible for services and a counselor is readily
available to assist you with the following programs.
If you desire additional information
please feel free to contact the Personal Financial
Readiness Program Manager via the Internet at
financialreadiness@selfridgemwr.com.
|
|
|
|
|
|
|
Educational training programs are developed to assist
individuals in gaining knowledge during the five life cycle
stages and relate financial tasks to these stages in order to
plan for financial security. |
|
Stage 1 |
  A
time when individuals are just starting out on their own (their
first real job, graduation from high school or off to college,
their own apartment, a car) |
| Stage 2 |
  The
household and job are somewhat established. Added
responsibilities are beginning to occur; marriage, arrival of
children, obtaining credit (department store credit cards,
used/new automobile loan), and insurance options (auto, life,
renters, and home). |
| Stage 3 |
  The
household has acquired some maturity and money management
skills. Individuals are feeling a need to plan for the future
(children’s college, property taxes, investments, retirement
plans, and wills) |
| Stage 4 |
  Generally,
the children have all left the home, families are making maximum
dollars with a strong emphasis on maximizing savings,
investments, protecting their assets, changing their lifestyles,
and determining future housing needs. |
| Stage 5 |
 The
household is experienced in the “game of life” and can adapt
plans or changes as needed. Important consideration is being
placed on extended illness, potential death of a spouse,
retirement, converting investments, adjusting lifestyle to a
fixed income, and health care costs |
|
|
|
 |
|
