The FINRA Investor Education Foundation announced today that it is expanding its Military Financial Education Project. The FINRA Investor Education Foundation provides investors with information and tools to better understand the markets and the basic principles of saving and investing. In 2006, the Foundation launched a multifaceted program to expand the saving and investing knowledge of military service members and their spouses, including a free, unbiased resource, SaveAndInvest.org/Military.
The FINRA Foundation will provide free FICO® Scores, a vital credit tool, along with a suite of educational videos that will help troops manage their finances. The Foundation aims to reduce the numbers of service members that are exploited by investment fraud and to increase its efforts to educate military spouses to become financial counselors. The project includes educational forums on military installations and online resources to help service members make informed decisions when they manage their money.
Working in concert with the new effort, the Foundation’s Military Spouse Fellowship Program affords military spouses the opportunity to identify, and practice their portable job skills while helping other military families with their finance issues. The Military Spouse Fellowship Program covers the cost for training and materials required for military spouses to receive the Accredited Financial Counselor designation.
The FINRA Foundation’s Military Spouse Fellowship Program is a joint effort between the Association for Financial Counseling and Planning Education® (AFCPE®) www.afcpe.org and the National Military Family Association www.militaryfamily.org.
Financial health is critical to the strengthening of our military families. Joining Forces is proud to support military families through the efforts of the FINRA Foundation.
Brad Cooper is Executive Director of Joining Forces in the Office of the First Lady.