New financial readiness training coming in November
By Bo Joyner , Air Force Reserve Command Public Affairs
/ Published November 01, 2019
ROBINS AIR FORCE BASE, Ga. --
Beginning Nov. 15, financial readiness training will be required for all Reserve Citizen Airmen at defined touchpoints throughout their military career.
“In an effort to improve or sustain the financial readiness and literacy of all Airmen, the Air Force has directed that all military members will receive financial readiness training at key points throughout their career,” said Brande Newsome, chief of the Integrated Resilience Branch chief at Headquarters Air Force Reserve Command here.
“We’ve learned over the years there are events in a person’s military and personal life that can possibly have a negative impact on that person’s financial readiness. We’re hoping that short training events at these key points will help our people avoid the financial pitfalls that might be out there,” she added.
The Air Force defines financial readiness as “the state in which successful management of personal financial responsibilities supports an Airman’s ability to perform his or wartime responsibilities.” Financial literacy is defined as “possessing skills and knowledge that allow Airmen to make informed and effective personal financial decisions.”
The career touchpoints that will trigger required financial readiness training are:
• Initial entry training
• Arrival at first duty station
• Arrival at subsequent duty station (E-4/O-3 and below)
• Promotion (E-5/O-4 and below)
• Vests in Thrift Savings Plan
• Continuation pay
• Transition to Reserve component, separation or retirement
• Leadership training
• Birth of child
• Disabling sickness or condition
Newsome said training for some of these touchpoints, including initial entry, first duty station, continuation pay, and transition to Reserve component, separation or retirement, are already in place and will not change. Financial training for pre-deployment is available online in the Air Force Distance Learning System or in person from the Airman and Family Readiness Center.
For the remaining events, Reserve Citizen Airmen will be notified that training is required via MyVector and will be able to complete the online training in MyVector or receive in-person training from their local Airman and Family Readiness Center.
For more information, contact your local Airman and Family Readiness Center.