Foundations for Military Family Financial Readiness

This foundational course will provide an overview of the impacts of financial readiness on military family well-being. Emphasis will be placed on understanding the financial foundations of economic security, including social and economic drivers required to reach and sustain improved quality of life among military families. Consideration will be given to the unique challenges military families face, especially across times of transition, such as joining the military, deployment, permanent change of station (PCS), and navigating major life events. Resources for assisting Service members and their families across these domains will be provided.

Estimated time to complete: 90 minutes

Learning Objectives

After engaging in this course, learners will be able to:

1. Define and assess barriers to achieving financial readiness and military family well-being in the context of military family quality of life.
2. Identify and understand possible career and financial implications for each of five major service transitions and their impact on military families and their quality of life, including (1) joining the military, (2) deployment, (3) permanent change of station (PCS), (4) leaving the military, and (5) major life events.
3. Define and discuss ways to assess financial literacy, financial well-being, and financial security within the context of a military family.
4. Apply an ecological lens to military family well-being, including how financial readiness can offer a foundation to improve quality of life.
5. Discuss innovative approaches, tools, and technologies to assist military families in accessing financial assistance, readiness, and educational programs.

Dr. Nichole Huff, Course Author

Dr. Jenny Rea, Course Author

Molly Herndon, Instructional Designer