Financial Peace Military Edition to
be offered at Fort McCoy in March
|A 13-week session of Financial Peace Military Edition,
produced by financial expert Dave Ramsey, is being planned for March at
Sgt. 1st Class Jennifer Fey, the Fort McCoy chaplain assistant
noncommissioned officer in charge, is the facilitator for the course.
Fey said the course lasts 90 minutes per session, and it could be held
at 4 or 7 p.m. Wednesdays or at 11:30 a.m. Thursdays if enough people
pre-register. The Thursday sessions would include lunch. The Fort McCoy
Chapel Center, building 2675, would be the course location.
Soldiers will have first priority to register for the training, and then
Families and Department of the Army civilians will be accepted as space
permits. If necessary, names can be added to a waiting list for the next
class. Attendees are requested to make a commitment to the training and
are expected to show up each week and sign a class roster.
Financial Peace Military Edition is the military version of the
Financial Peace University and is aimed at Soldiers and other military
personnel. Fey said the training provides common-sense education and
empowerment, which gives hope to everyone from the financially secure to
the financially distressed, and offers many valuable lessons/information
for non-military personnel as well.
The course provides proven world-class personal financial education, and
addresses behavioral change, rather than just knowledge, she said. For
example, a Department of Defense survey about personal debt indicated
servicemembers were concerned about using payday loans, which may
contribute or lead to security clearance problems, foreclosure and
Fey said the class gives the attendees tools to deal with their
financial situations and concerns. Soldiers from the rank of specialists
to colonel have attended the classes she sponsors and many attendees who
had debt when starting the course now are debt-free.
Among the topics covered in the course are saving techniques, debt
reduction, credit bureaus and collection practices, insurance, bargain
shopping, investments, planning for college and retirement and real
estate and mortgages. The last session is a local offering about
“Unleashing the Power of Generous Giving.” The lessons, part of a video
series produced by Ramsey, help servicemembers develop a sound financial
plan during times of activation, deployment, temporary duty or permanent
change of station, Fey said.
Free kits to support the course will be provided at the first meeting.
Fey said the kits include a workbook, which features military-specific
questions and statistics. It also includes a downloadable audio library
and budgeting forms. The training can be an important step to allow
Soldiers to focus on their mission. Attaining a sound financial
readiness status can be a key to mission success and can help eliminate
a lot of the financial stress Soldiers face, she said.
To learn more about the course, visit the website
www.daveramsey.com/military/get-started or call a Financial Peace
Military adviser at 1-800-754-4211, Ext. 5339.
For more information in the Fort McCoy community or to register, e-mail
or call the Religious Support Office at 608-388-3528.