Financial Literacy Boosts Confidence in Military Families, First Command Reports
FORT WORTH, Texas, Apr 25, 2013 (BUSINESS WIRE) -- A high level of financial knowledge is associated with feelings of emotional well-being in middle-class military families, reinforcing the value of financial education in the armed forces.
Results of a financial literacy test and survey jointly commissioned by First Command Financial Services, Inc., and First Command Educational Foundation reveal that military test takers who earn a perfect score are more likely than those with low scores to report feeling:
-- Financially secure month to month (62 percent versus 29 percent of lower scorers)
-- Not being financially stretched month to month (64 percent versus 33 percent)
-- Confidence in their ability to retire comfortably (41 percent versus 31 percent)
Consumer Protection Bureau Releases Common Financial Complaints Among Servicemembers and Veterans
Did you know we've received more than 5,000 complaints from servicemembers, veterans, and their families? By and large, statistics for complaints submitted by the military track with those of the population at large. But these complaint statistics aren't just numbers to us: they represent military members and their families and we know the impact consumer financial issues can have on their quality of life.
BBB Cautions on Fundraising to Assist Cleveland Kidnap Victims
The rescue this week of three women and a child from a Cleveland home where they were held captive for a decade has gained worldwide attention. Generous donors wishing to help the victims are being cautioned by Better Business Bureau to confirm the legitimacy of all charitable fundraising and crowdfunding efforts.
Citi and Institute for Veterans and Military Families at Syracuse University Launch "Realizing Your Dream" Business Plan Competition for Veterans
CHICAGO--(BUSINESS WIRE)-- Citi and the Institute for Veterans and Military Families at Syracuse University (IVMF) today announced the launch of the Citi Salutes: Realizing Your Dream Business Competition, a call for veterans who are established or aspiring entrepreneurs to submit formal small business plans in hopes of receiving a share of $130,000 in available seed funding. The announcement was made during the Chicago offering of the IVMF's Veteran Women Igniting the Spirit of Entrepreneurship (V-WISE) program, a three-day conference and collaborative partnership between the IVMF and U.S. Small Business Administration (SBA) that is anchoring IVMF Women Veterans Week Chicago. Citi is a co-sponsor of V-WISE Chicago.
Career Planning for the Military Spouse
If you're a military spouse (or soon to be a military spouse) then by now you're probably pretty used to life being somewhat...unpredictable. Add to that the difficulty of building a career while you're constantly on the move and suddenly it might feel like you have no control over your own life.