Unable to connect locally? Contact Military OneSource via secure live chat or call 800-342-9647.
Contact information for key programs and services at this installation.
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 Navy’s Personal Financial Management (PFM) implements specific requirements that establish a systemic approach to address personal financial management issues for Sailors, families and Navy commands. Management of personal finances presents an increasing challenge to Sailors and their families. Contributing factors include a high cost of living in some areas of the United States, predatory lenders/lending, high-pressure sales tactics, deceptive advertising, consumer rip-off schemes and a tendency to live beyond one’s means.
Overall, the PFM program offers information and referral, education and training, as well as financial counseling to address the financial education needs of Sailors and their families. The PFM program is to emphasizes a proactive, career life-cycle approach to service members' personal financial responsibility and accountability by providing basic principles and practices of sound money management, counseling tools and referral services using a comprehensive education and training program.
Command Financial Specialist: The OPNAV INSTRUCTION 1740.5D is the regulation outlining the responsibilities and functions of the CFS.
Resources
FINRED Financial Well Being Assessment: The Financial Well-Being Assessment can help you conduct a “checkup” on your financial health.
MyNavy Financial Literacy App
Predatory Lending
Blended Retirement System (BRS)
Thrift Savings Plan
Electronic Personal Finance Worksheet
Better Business Bureau
Defense Finance Accounting Service (DFAS)
Federal Trade Commission (FTC)
Consumer Financial protection Bureau
US Securities and Exchange Commission
Social Security Administration
Annual Credit Report
The cost of off-installation/temporary housing is high because Monterey is a resort/high cost-of-living area. NSA Monterey does not receive a continental United States Cost-of-Living Allowance. The average cost for a three-bedroom, two-bath home rental is around $3400.00 and above and $900,000 to purchase the same home. The average utility cost for gas/electric is $200 per month. If you live in government housing, the price for gas/electric will be anything beyond the covered usage you are required to pay.
If, for any reason, you should need emergency assistance while in transit, there are several contacts you can make: