Personal Finance Management

Fleet and Family Support Center
168 Bennion Road
NSA Annapolis, MD 21402
410-293-2641

Personal Finance Management is the Navy’s effort to promote good money management skills within its force. Services include individual counseling and workshops such as check writing, managing credit, avoiding debt and planning for your financial future. 

The Annapolis Fleet and Family Support Center provides financial education and training opportunities, as well as counseling services that emphasize long-term financial responsibility and sound  money management, debt management, use of credit, saving and investing and retirement planning.

Individual Financial Counseling
Are you having a hard time making ends meet?  Do you find yourself living paycheck to paycheck?  Are creditors calling for debt collection?  Do you need help paying your debts and finding money to live on?  For your convenience, the Fleet and Family Support Center Personal Financial Manager is available Monday through Friday to help you with your basic financial needs.  If you require further assistance with debt repayment, debt consolidation, creating a budget or credit repair, the Personal Financial Manager will assist you in finding appropriate resources.  Call the Fleet and Family Support Center at 410 293-2641 for an appointment if you have any questions or concerns relating to financial matters.

Programs for your Command

Command Financial Specialist (CFS) Training Course
Offered quarterly at the Anacostia FFSC, this basic training is for command members who counsel subordinates with financial problems.  Topics include pay and allowances, consumer fraud, savings, credit, car buying, legal issues, counseling and communication skills, and rehabilitative finances.  Presented in cooperation with Navy-Marine Corps Relief Society,  Per OPNAVINST 1740.5, attendees must be a command designated CFS, be a First Class Petty Officer or above, have one year left at current command and have command approval to attend.  Call the Anacostia FFSC at 202-433-6161 (DSN 288) to obtain quota.

Today, Navy commands with an active Command Financial Specialist indicate that having a CFS for commands and personnel

Reduces:
   • Letters of indebtedness
   • Time lost on the job
   • Bounced checks
   • Credit abuse
   • Loan requests to Navy-Marine Corps Relief Society and American Red Cross
   • Personal bankruptcies

Increases:
   • Job Performance
   • Retention and readiness
   • Money management skills
   • Personal savings
   • Financial stability
   • Consumer awareness

DO YOU KNOW YOUR CREDIT SCORE AND HOW IT CAN AFFECT YOUR FINANCIAL DECISIONS?  Watch this short video available at "All Hands" Online for more information:
http://www.navy.mil/ah_online/ftrStory.asp?issue=3&id=84479

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