|By Rob Schuette, Public Affairs Staff
A 13-week Financial Peace Military Edition, produced by financial expert
Dave Ramsey, will begin Thursday, April 14 at the Chapel Center,
building 2675 of the Religious Support Office (RSO), at Fort McCoy.
Classes are Thursdays 11:30 a.m.-1 p.m.
Soldiers will have first priority to register for the training, and
others will be accepted as room permits and/or names will 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.
Staff Sgt. Jennifer Fey, the Fort McCoy chaplain assistant
noncommissioned officer in charge, is the facilitator.
Financial Peace Military Edition is the military version of the
Financial Peace University and is aimed at Soldiers and other military
personnel, she said. The training provides common-sense education and
empowerment, which gives hope to everyone from the financially secure to
the financially distressed, Fey said.
“The course provides proven world-class personal financial education,”
Fey said. “It also addresses behavioral change, rather than just
The course content arose from a Department of Defense survey about
personal debt statistics that indicated financial concerns of
servicemembers, such as using payday loans, contributing to security
clearance problems, foreclosure and bankruptcy problems.
Military members deemed finances and financial problems as more
significant than deployments, health concerns, life events and personal
relations, according to the survey.
Fey said the class gives the attendees tools to deal with their
financial situations and concerns.
“The last class I taught included Soldiers from the ranks of specialist
to colonel, and many now are debt-free after taking the training,” Fey
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.
“The Financial Peace Military Edition is an intense personal finance
training course that helps servicemembers strategically remove debt and
build wealth,” Ramsey wrote on his website.
Free kits to support the course will be handed out at the first meeting,
Fey said. A workbook is included, which features military-specific
questions and statistics, and downloadable audio library budgeting forms
also are available. A free lunch also will be provided at the first
“There are so many ways to reduce spending and to increase savings,” Fey
said. “We want Soldiers to be able to focus on the mission. If they can
learn to be financially ready, then it will eliminate a lot of stress.”
For more information 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, call Fey at the RSO,