The Holloman M&FRC Personal Financial Readiness Program's mission is to assist individuals and their families in attaining financial security throughout their lives but especially through the military life-cycle.
We provide the following:
We help you develop financial goals and improve money management skills needed to be financially ready for the challenges of military and adult life. Common topics include PCS/deployment readiness, student loan management including Public Service Loan Forgiveness, purchasing a vehicle, moving out of the dorms, getting married or divorced, and planning for a new baby.
If you are experiencing a financial crisis such as an unexpected emergency, death of a loved one, or stressful credit loads we can help you develop a workable budget or a debt management plan.
Learn about how to effectively plan for your long-term financial security and wellness. We’ll help you feel more prepared in planning for long-term goals such as retirement, home buying, education financing, or opening a business.
New & Used
Learn how to get the best deal on a new or used car purchase.
Foreclosure & Avoidance
Learn about leasing vs. buying; various costs associated w/ housing; what to look for in real estate; working with a realtor; home inspection; financing; closing costs; and more.
Retirement Planning with the Thrift Savings Plan
Introduction to the Roth/Traditional 401(k)-type retirement plan. Topics covered will be the rules governing TSP enrollment/participation, how to make contributions, and investment fund options.
Helpful Financial Websites
Dedicated site for managing your TSP retirement account.
Central hub for up-to-date information on all aspects of military life including links to budget and credit counselors.
Central hub for up-to-date information regarding the Blended Retirement System.
A U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly as well as providing the information you need to make more informed choices about your money.
An advocacy, research, education and service organization that gathers facts, analyzes issues, and disseminates information to the public, policymakers, and the consumer movement.
"The Fed," as it is called, offers comprehensive personal financial education. Topics include consumer banking, consumer protection, economics, home mortgages, interest rates, loans/credit, and other
Advances the economic security of the nation's people through compassionate and vigilant leadership in shaping and managing America's Social Security programs.