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United States Army
Financial Readiness Program
1231 Mahone Avenue, Bldg. 9023
Fort Lee, VA 23801
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.
This program is designed to enhance a Soldier's knowledge of financial matters through consumer affairs assistance, financial and budget counseling, information and screening of state and government assistance programs and financial classes tailored to military units on Fort Lee.
Budget counseling and debt management counselors offer advice and advocacy to Soldiers and families. Sessions are tailored to individual needs; all consultations are private, and each last approximately 1 hour. Please call for specific details. On Wednesday of each week, Soldiers and family members are encouraged to attend a two-hour class on "Financial Management." This course covers the fundamentals of personal finance. Some of the topics covered are: budget planning, setting goals, learning to live on less, tax management, debt consolidation and consumer advocacy, etc. Call Army Community Service (ACS) for dates and times of for class.
Consumer Affairs acts as an advocate of the Soldier when dealing with businesses off post. The program tracks business scams aimed at taking advantage of Soldiers. The program also educates Soldiers on state laws that may affect them. Before applying for food stamps, visit ACS to see if you qualify for the Army's Subsistence Supplemental Allowance. All Soldiers receiving partial or full BAS may apply for the program.
Many Soldiers and families qualify for state and government assistance programs such as Women, Infants and Children (WIC), food stamps, and other social programs. Financial Readiness can screen and give information on state and government programs.
The Consumer Affairs and Financial Readiness Program are dedicated to educating and helping Fort Lee develop and maintain a financially stable force.
All First-Term soldiers are mandated to attend an eight block of instruction on "Financial Management." If Fort Lee is your first duty assignment or you have not attended this class at your last duty station, please contact your unit to sign up for this class. For additional information please call 804-734-6388.
The average cost of living for a 2-3 bedroom apartment for the Tri-cities of Richmond, Petersburg and Hopewell is approximately $950-$1500.