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United States Army
ACS Financial Readiness Program
Fort Rucker, AL 36362
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.
Advance Pay -- Soldiers are advised not to take or spend advance pay unless it is absolutely essential. Advance pay will be deducted monthly from your pay. This means, you will have less to live on every month until it's paid in full. Soldiers are advised not to take advance pay to purchase a stereo or car or something you just want. Be even more cautious of considering casual pay.
Dislocation Allowance (DLA) is paid at a fixed rate for each grade. You can request an advance of your DLA before departing your old permanent duty station, if your dependents are actually traveling with you. This is paid at 80% of the entitlement. The remainder of the entitlement will be paid when you inprocess into your new permanent duty station. You can also wait until you arrive at your new duty station to claim DLA.
Travel Pay: This is based on the distance from old permanent duty station to new permanent duty station and can be requested prior to departure from old permanent duty station.
Per Diem (Meals and Lodging)
Per Diem (While Flying)
Your local transportation office must approve a DITY move.
The Financial Readiness Program (FRP) provides the tools to develop skills for good money management and to make informed decisions with finances and as a consumer. FRP personnel can work with you to prepare a personalized budget and spending plan designed to make life easier. FRP provides a variety of services that focus on improving the soldiers' and their families' financial status and their abilities to perform as informed customers.
FRP offers the Financial Readiness Training class on the 1st Friday of the month from 0730-1615. The purpose of this class is to provide participants with a practical approach to manage money effectively. In addition to principles of personal finance, other main topics include military pay, allowances, and benefits; planning and budgeting; banking and checking accounts; using credit wisely; insurance; savings and investing; and consumer scams and getting help.
Other workshops and training offered by FRP quarterly or as needed basis:
Remedial Check Writing Class -- Mandatory refresher training for personnel who have abused and misused check cashing privileges. This class is offered quarterly or as needed, based upon command referral.
Unit Financial Readiness Training -- Classes offered include Banking &Checking Account Maintenance; Budget Development & Record Keeping; Use & Abuse of Credit Debt; Insurance; Savings & Investing; Financial Planning; Consumer Rights & Obligations; Home Buying & Selling; Car Buying & Maintenance; and Identity Theft.
FRP offers the following free services:
Financial Counseling Program -- Provides budget development and financial planning for the future or for those who are experiencing or anticipating financial difficulties.
Debt Liquidation Assistance Program -- Provides assistance in development of repayment plan to liquidate debt and facilitates agreements between military families and their creditors.
Consumer Complaint Resolution/Better Business Bureau -- Assists in mediating consumer complaints and provides information regarding consumer issues, consumer rights and protection laws. If you have a complaint against a local business or company, you may pick up a consumer complaint form from our office or you may download a DA Form 5148 and bring it to our office. FRP also maintains pamphlets, booklets, and information fact sheets on a variety of consumer issues.
Emergency Food Voucher Program -- Provides certificates to military families experiencing emergencies or unexpected financial difficulties. These certificates may only be redeemed at the Installation Commissary and assistance is intended to provide groceries for short-term situations.
Family Subsistence Supplemental Allowance (FSSA) -- Assists with pre-screening and counseling to determine eligibility.
Thrift Savings Program (TSP) for Uniformed Servicemembers -- Provides information and assistance to service members.
Whenever you PCS, you are going to be faced with some unusual expenses. Some examples of unusual expenses are: travel cost, tickets, gasoline, food and lodging, tolls, car tune-up, new tires before the trip, emergency repairs along the way; deposits, damage and rent deposit on new apartment, utilities, telephone and cable; closing costs if buying or selling a new house; temporary lodging at the old post and at the new post; food, restocking the refrigerator and food pantry; household incidentals; light bulbs, toilet paper, soaps, cleaning supplies and equipment; curtains, etc.
Other financial impacts of a PCS move are: do we depend on the money my spouse gets from his or her job? How long will it be before he or she can get a new job? Will it pay as well? We may have to live on less money for a couple of months, or more.
Higher cost-of-living includes not only higher housing and food cots, but also things like having to drive farther to work, child care costs, school costs, etc.
It is very important to have a good financial plan prior to your move. The Financial Readiness Program in Army Community Service can assist you with your financial plan when getting ready to move. Some of the services provided are Budget Development & Planning, Debt Reduction and Liquidation, Transition Counseling, and financial planning.
Army Community Service Financial Readiness Program; Fort Rucker, AL
Building 5700, Soldier Service Center, Suite 350, 334-255-9631/3765
The Financial Readiness Program (FRP) provides Soldiers and Family members with accurate and current financial information, education, and individual financial counseling to ensure they are better able to make educated and informed financial decisions. The FRP has an assortment of services to assist individuals improve their financial well-being, financial self-sufficiency, and reduce financial stressors. Emphasis is on educational workshops and presentations designed to inform individuals regarding money management, debt management, and saving and investing fundamentals. The FRP also provides information and support concerning consumer awareness, consumer advocacy, and emergency financial assistance.
Unit Financial Readiness Training
Personal Financial Readiness Training at the unit's location will be provided as requested by leadership. Classes will be used as part of the Soldier's unit training. These presentations may be presented at the Soldier's unit or at other appropriate locations. Leadership may contact the FRP Manager to discuss and/or schedule these presentations.
Individual Financial Counseling
Individuals may request financial counseling or be referred by leadership. Soldiers, Family members, and others desiring to discuss their financial concerns with a financial counselor may contact the FRP to schedule an appointment.Credit History (reports) and credit scores (FICO).The FRP will assist Soldiers, Family members, and others to obtain and understand their individual credit report and credit score. Options and recommendations will be provided to help with adverse accounts and increase credit scores.