Financial Resources

Learn about financial management resources available to military service members and their families. Also find out about organizations offering financial assistance to military families and veterans, charities supporting military causes, and see great tools to help with buying or selling a home.

 

 

Banking & Financial Management

  • Credit Karma
    compares credit cards across dozens of credit card companies to give you the most up to date reviews and recommendations. Our featured credit cards have been declared the best credit cards based on user feedback, credit card interest rates, card benefits, and the way you plan to use the card. As a unique benefit, we also provide user feedback on credit score requirements and credit card limits.
  • Military OneSource
    No-cost counseling on financial issues such as basic budgeting, money management, debt consolidation (including coaching to help people contact their creditors and negotiate late fees, interest rates, and affordable payment plans), and assistance with housing issues (being behind on mortgage payments or facing potential foreclosure).
  • Military Saves
    Military Saves is part of the Department of Defense’s Financial Readiness Campaign and has been a partner with DoD since 2003. Military Saves is a social marketing campaign to persuade, motivate, and encourage military families to save money every month, and to convince leaders and organizations to be aggressive in promoting automatic savings.
  • Mint.com
    Mint believes money is for living. So we make everything simple and streamlined. Sign up takes less than five minutes. Then Mint automatically pulls all your financial information into one place, so you can finally get the entire picture.
  • National Guard Financial Management Awareness Program
    Practical support, tools and resources to help you secure your future, achieve your financial goals and improve your quality of life. You’ll find information to help you through every phase of your financial lifecycle, free financial services provided by the Department of Defense, information about your available financial experts, videos and links with tips to manage your money, and more.
  • Navy Federal Credit Union
    Navy Federal is an armed forces bank serving the Navy, Army, Marine Corps, Air Force, Veterans, and DOD. Navy Federal offers competitive rates on bank accounts, credit cards, loans, mortgages, investments and insurance for its members.
  • Powerpay.org
    Powerpay is the single best resource to help you pay off debts. It helps debtors become savers. Powerpay tells you exactly how long it will take you to pay off a debt and how much of each payment is going to interest.
  • USAA Bank
    USAA offers competitive products and services for insurance, banking and investing. USAA offers everything from free checking to great rates on auto insurance to retirement investment advice. Some of these are open to the public, some are open to those who’ve served or are serving in the military. Go to usaa.com or call 1-800-365-USAA (8722) for eligibility.
  • We Seed
    Not sure what to invest in? Our simulated stock market game makes it easy. The cash is fake, the trades are virtual, but the stock exchange conditions are real. Build your Portfolio and practice investing strategies — risk free.

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Financial Assistance

  • Air Force Aid Society
    The Air Force Aid Society is the official charity of the U.S. Air Force. It promotes the Air Force mission by helping “to relieve distress of Air Force members and their families and assisting them to finance their education”.  Through the years, AFAS has become increasingly effective in helping individuals with personal emergencies– as well as extremely useful when used by commanders to help solve personnel problems in their units.
  • Armed Forces Foundation
    The Armed Forces Foundation offers vital assistance to active-duty and retired military personnel, National Guard, Reserve Components and military families. This includes direct financial assistance, therapeutic recreational and outreach programs, hospital dinners and national education initiatives.
  • Army Emergency Relief
    AER is the Army’s own emergency financial assistance organization and is dedicated to “Helping the Army Take Care of Its Own.” AER provides commanders a valuable asset in accomplishing their basic command responsibility for the morale and welfare of soldiers
  • Coast Guard Foundation
    A national nonprofit organization dedicated to enhancing the lives of the men and women of the Coast Guard and their families. Founded more than 40 years ago, the Coast Guard Foundation provides education, support and relief for the brave men and women, who enforce maritime law, protect our homeland and preserve the environment.
  • Coast Guard Mutual Assistance (CGMA)
    The official relief society of the U.S. Coast Guard. CGMA is a non-profit charitable organization established to provide financial aid to the entire Coast Guard family. While CGMA works closely with the U.S. Coast Guard, it is an independent corporation. Its mission is to promote the financial stability and general well being of Coast Guard people through interest-free loans, grants, and financial counseling.
  • Hope For The Warriors
    The mission of Hope For The Warriors® is to enhance the quality of life for post-9/11 service members, their families, and families of the fallen who have sustained physical and psychological wounds in the line of duty.  Hope For The Warriors® is dedicated to restoring a sense of self, restoring the family unit, and restoring hope for our service members and our military families.
  • Luke’s Wings
    Provides families of wounded warriors the means to visit their service member during hospitalization and rehabilitation. Luke’s Wings purchases the plane tickets and plans the trips, then Luke’s Wings partners with other non profit who can provide other services including, but not limited to, free or discounted accommodations, meals, entertainment, local travel vouchers, city tours, etc.
  • Making Home Affordable
    To meet the various needs of homeowners across the country, Making Home Affordable ® programs offer a range of solutions that may be able to help you take action before it’s too late: Refinance and take advantage of today’s low mortgage interest rates, reduce your monthly mortgage payments, get mortgage relief while searching for re-employment, get help when you owe more than your home is worth, avoid foreclosure when homeownership is no longer affordable or desirable.
  • Navy-Marine Corps Relief Society
    Provides financial, educational, and other assistance to members of the US Navy, eligible family members, and survivors when in need. The Society provides assistance in the form of Interest-free loans and grants, scholarships, financial counseling, visiting nurses, and thrift stores.
  • Operation First Response
    The mission of Operation First Response, Inc (OFR) is to serve all branches of our nation’s Wounded Heroes and their families with personal and financial needs. Services are provided from the onset of injuries or illness, throughout their recovery period and along their journey from military life to the civilian world.
  • Operation Homefront
    Assists military families coping with deployment and injury recovery by providing emergency financial assistance to service members and their families as they take corrective action to resolve their financial situations.
  • Rebuild Hope
    Rebuild Hope helps the families of severely disabled U.S. veterans of the wars in Iraq and Afghanistan overcome short term financial problems and build healthier, more stable lives. Rebuild Hope provides grants and no-interest loans, helps veterans develop realistic annual budgets, and offers complementary counseling and referral services.
  • Semper Fi Fund
    The SFF provides relief for financial needs that arise during hospitalization and recovery as well as assistance for those with perpetuating needs. Our program provides support in a variety of ways including Service Member and Family Support, Specialized & Adaptive Equipment, Adaptive Housing, Adaptive Transportation, Education and Career Transition Assistance, PTSD and TBI Support, Team Semper Fi, and America’s Fund: a self-funded program administered by the Semper Fi Fund that currently assists those service members with catastrophic injuries in intensive care units at our nation’s military hospitals, regardless of what military branch they serve in.
  • StreetShares
    StreetShares is a veteran-owned small business lending marketplace focused on veteran and military-spouse owned businesses. StreetShares connects small business owners with individual and institutional investors. StreetShares’ investors compete in an online auction to fund portions of the requested loan, and StreetShares blends the lowest bids into a single loan. StreetShares is open to all small business owners and offers 1 & 3 year term loans up to $50,000. StreetShares is located outside of Washington, D.C.
  • Unmet Needs – by VFW
    Unmet Needs assists with basic life needs such as: mortgage and rent, home and auto repairs, insurance, utilities, food and clothing. Unmet Needs helps meet unanticipated financial demands on our service members’ families that can’t be remedied through existing means and provides our service members with the security of knowing that their families have additional support here at home.
  • USA Cares
    USA Cares exists to help bear the burdens of service by providing post-9/11 military families with financial and advocacy support in their time of need.
  • US Soldiers Foundation
    The mission of the USSF is to provide additional services to our soldiers, veterans and their families which are not currently being provided. Support will include assistance for the housing needs of returning veterans. This aid will be in the form of low cost mortgages. In addition, insurance, medical, dental, psychological, spiritual, and financial assistance, job placement and education/training. The United States Soldiers Foundation will also employ many veterans in projects around the country.
  • VeteransPlus
    Designed by Veterans and are delivered by Veterans to provide practical financial solutions geared to real life circumstances of current and former military personnel. Our counselors and educators have been where you are and they are dedicated to your success. In the often confusing atmosphere of stressful financial situations, our Veteran counselors can help break down communication barriers that might exist when Veterans discuss personnel finances with non Veterans
  • Volunteer Income Tax Assistance (VITA)
    IRS-certified volunteers provide free basic income tax return preparation with electronic filing to people who make $51,000 or less. They can inform taxpayers about special tax credits for which they may qualify such as Earned Income Tax Credit, Child Tax Credit, and Credit for the Elderly or the Disabled. VITA sites are generally located throughout the community and on many military installations. Check with your base legal office or family support center for more info.

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