SHOWING 1 - 1 OF 1 RESULTS
United States Navy
Chinhae-Si, Republic Of Korea South Korea 645-016
Resources are available to help you understand and manage your finances, including one-on-one financial counseling to assist you and your family with financial readiness. Services are designed to focus on money management issues throughout your active-duty lifecycle and into retirement. Financial readiness educational opportunities range from basic planning to long-term investing. Check out the information below to see what’s available at your installation.
Commander Fleet Activities Chinhae Fleet and Family Support Centers offer the Financial Readiness Program through a variety of classes, resources and solution-focused financial counseling. The program emphasizes personal financial responsibility and accountability by providing basic principles and practices of sound money management, counseling tools and referral services. Your command financial specialist or the work and family life specialist at the CF&FSC are available to service members and their families. They can assist in preparing a personalized budget and spending plan to help achieve financial goals. Information and assistance are available in areas such as military pay and allowances, consumer rights, savings, insurance, car buying, credit card management, retirement and much more.
Financial pre-planning and preparedness is imperative. It is strongly recommended you try to live simply when you first arrive and have some emergency funds/savings. Your duty station overseas can require some up-front extra funds while your pay and various entitlements are being changed and settled. If there are problems with catch up on your pay and you find you are needing assistance, reach out to the Navy Marine Corp Relief Society even when stationed overseas.
You also may be eligible for entitlements you were not entitled to statewide such as:
•Cost of Living Allowance
•Temporary Lodging Allowance
•Move in Housing Allowance
•Reoccurring Utilities Maintenance Allowance
•Overseas Housing Allowance
To see if you qualify for these rates, along with their cost, please see the per diem website.