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United States Army
Financial Readiness Program
Soldier Support Center
Fort Bragg, NC 28310
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.
The Financial Readiness Program (FRP) is part of Army Community Service (ACS). FRP offers many classes/workshops and information about community resources if you need financial assistance.
Before you make your move into any area, contact your local family/community service financial readiness specialist. If at all possible you should start putting some money aside in a savings account to prepare for the move. You may wish to request an advance from your Finance Office to be used for temporary lodging, housing costs and deposits at your new duty station. Just remember, advances must be repaid and should be avoided if at all possible.
If you need financial assistance, contact Army Emergency Relief (AER) at 910-396-2507. AER provides interest-free loans or grants for emergency transportation, funerals, medical/dental bills, food, rent, utilities, essential vehicle repairs, as well as help when disaster strikes. The Financial Readiness Program also provides financial counseling and classes.
Fayetteville and the surrounding communities are considered to be a high cost living areas. Soldiers and their families are often surprised by the initial outlay of dollars required to get established in the community. Waiting time for government quarters will usually average from 6 to 18 months, depending on the family size and needs, therefore, families are required to rent a temporary house or apartment until they can obtain quarters. Area rental agencies usually require a deposit equal to one month's rent and the first month's rent up front. Sometimes they also require the last month's rent up front. Short term leasing for housing in the Fayetteville and surrounding are is critical at this time.
In North Carolina it is mandatory to have car insurance. The minimum amount of liability insurance required is $30,000 for single injury, $60,000 for medical protection and $25,000 for property damage.
For additional information, contact the Army Community Service, Financial Readiness Program at 910-396-2507 or DSN 312-236-2507.
Fort Bragg has trained financial counselors within the major subordinate commands. The CFNCOs are available to assist soldiers with a wide range of financial counseling services from basic budgeting, saving and investing, and assisting with financial resources when a soldier is experiencing a hardship or financial crises. It is recommended that soldiers visit the CFNCO in their unit upon arrival at their new units. The CFNCO can provide the soldier information that will help prevent financial difficulties and inform the soldier about pitfalls within the Fayetteville community. For additional information contact the ACS, Financial Readiness Program at 910-396-2507 or DSN 312-236-2507.The Financial Readiness Program is available to those experiencing money management difficulties or for those who wish to be in control of their finances.
American Red Cross
The American Red Cross Office provides interest-free loans for emergency travel in conjunction with emergency leave orders. Additional assistance may be provided to avoid privation and basic maintenance, including, but not limited to food, shelter, and clothing. Emergency communication is available 24 hours a day, seven days a week by calling 877-272-7337 (toll-free). Workers obtain health and welfare reports, and provides short-term counseling and referrals as needed.