Servicemembers, take these immediate actions to secure your financial freedom

Consumer Financial Protection Bureau sent this bulletin at 10/01/2018 03:56 PM EDT
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Servicemembers, take these immediate actions to secure your financial freedom
savings-taxtime

As a member of the military, you are called to serve in challenging environments to secure the freedom and prosperity of our nation. To meet these challenges, you engage in “immediate actions” training to better prepare yourself to respond to all kinds of threats and situations. You may also face challenges in another environment—your personal finances. On a daily basis, you may encounter hurdles and threats to your financial freedom and future prosperity. 

The SEC and the Bureau of Consumer Financial Protection are joining forces to set out specific immediate actions that you can take while navigating your personal finances. The immediate actions toward financial freedom include three basic steps: first, pay off high-interest debt; second, set goals and make a financial plan; and third, start saving and investing early.

These immediate actions will help you secure your financial freedom and ensure that you and your family prosper now and in the future. 

For more information, read our blog.

Navigating the military financial lifecycle

Whether you’re a servicemember entering basic training or you just hung up the uniform, we can help you handle financial challenges at every step of your military career.

Use our key resources roadmap (PDF) to help take the guesswork out of financial management during your time in the service

Lifecycle

About the Bureau

The Bureau of Consumer Financial Protection is a U.S. government agency that empowers you to take more control over your economic life and enforces federal consumer financial law. Learn more about how the Bureau can help you.