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United States Air Force
Military & Family Support Center
1191 Menoher Drive
Andrews AFB, MD 20762-6421
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 personal financial management services provided at the Military & Family Support Center include assistance with budgeting, credit management, financial planning, and basic investing. Available computer-generated spending/savings plans and the PowerPay debt repayment programs may be used to identify and compare alternate financial options. Additionally, a plethora of financial related information and pamphlets area available as well. Individual and family consultations are available.
Individual Financial Management is provided to First Term Airman, as part of their in-base processing.
The cost of living is high in Washington D.C. and the surrounding national capital region. Tips on dealing with the costs encountered while living here are available through these and other programs and services available at the Military & Family Support Center.
While most of these high costs are associated with housing and related expenses, everything else is relative to the actual area where you live and commuting costs. Your actual cost-of-living expenses will vary, and depend on a variety of factors, including where you chose to live (Maryland, Virginia, or the District), the size and specific location of your home or apartment, and whether you chose to buy or rent.
Initial up-front moving expenses can vary as well, but you may want to plan on approximately $2,000 - $2,500 as a security deposit if renting. However, to help off-set these costs, you may be eligible to participate in the Military Set Aside Housing program. This is a rental partnership program the military has with some local rental agencies. In most cases rents are equal to or lower than your BAH. There are no application fees, no move-in deposits, no credit checks, and no income requirements. To find out more about his excellent program, contact the base housing office at 301-981-5518.
During your move if you find yourself in need of emergency financial assistance the Air Force Aid Society may be able to assist you. To obtain more information about how to apply, visit Air Force Aid Society at https://afas.org/. Your submitted application will then be routed to the nearest Air Force installation. Navy, Marine Corps, Army and Coast Guard members, should contact their emergency financial assistance branch for financial support.