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Personal Financial Management Program

Inform, Educate and Empower

Our Mission: The #1 trusted source for unbiased financial information on Marine Corps installations globally. The Personal Financial Management Program’s (PFMP) primary focus is a proactive preventive approach to financial education, training, coaching, and financial information and referral to commands, Marines and their families. The PFMP’s secondary focus is intervention with counseling/coaching. Marine Corps Order 1700.37

Services
  • The Personal Financial Management Specialists and the unit Command Financial Specialists provide no cost services (one-on-one counseling and workshops) to Marines and are the primary source of financial education and counseling.
  • Individual and couple financial counseling by an Accredited Financial Counselor is available.
  • There are more than 60 money management modules for workshops at commands available. To schedule a course for your command, please contact your Command Financial Specialist.

Learn More

Contact your Command Financial Specialist or Personal Financial Management Specialist to schedule an individual appointment. You can expect to be seen within 10 business days.

Individual appointments are generally scheduled for one hour and include the preparation of a financial planning worksheet to assess current financial status and identify areas for improvement.


A Brief History of the Personal Financial Management Program, new Mandatory Financial Education Action Points in MOL and new Personal Financial Management Curriculum.

2014: The Marine Corps published MCO 1700.37, providing a framework for the PFM Program.

2015: Congress mandated Financial Literacy and Preparedness Training for all Service members in Section 661 of the FY2016 National Defense Authorization Act (NDAA), which modified Title 10, Section 992. The required Financial Education Action Points (FEAP) are:

  • Initial Entry Training
  • First Permanent Duty Station
  • Promotion
  • Pre-Deployment
  • Post-Deployment
  • Permanent Change of Station
  • Major Life Events, such as Marriage, Divorce, Birth of the first child, and disabling sickness or condition
  • Regular Required Training
  • Leadership Training
  • Vesting in TSP
  • Entitled to Receive Continuation Pay
  • Separation/Retirement/Deactivation

2016: The Marine Corps entered into a contract to design and develop new Personal Financial Management Program (PFMP) Standardized Curriculum and satisfy the financial literacy and preparedness training mandated by the FY2016 NDAA.

2017: The Marine Corps accepts the contractor's design document, which outlines the new competency-based, activity-based, and modular PFMP standardized curriculum that HQMC desired.

2018: The Marine Corps published guidance in 2018 (MARADMIN 398/18) for the provision and tracking of the legally mandated financial education. The Marine Corps began sending MOL notifications to Marines and their Units when each Marine reaches a required FEAP.

Per MARADMIN 398/18: Training Options. A Marine may meet training requirements through one of the following methods:

  1. Classroom based training offered by installation PFM, CFS or contracted PFC (must be conducted with HQMC approved standardized materials).
  2. One-on-one counseling with the installation Personal Financial Managers (PFM), unit Command Financial Specialists (CFS), contracted Personal Financial Counselor (PFC); or Navy-Marine Corps Relief Society (NMCRS)-provided training (e.g., Budget for Baby) or budget counseling.

*Guided discussions in the unit with HQMC approved standardized discussion guides currently in development.

2019: The Office of the Secretary of Defense (OSD) published policy in August 2019 (DTM 19-009) providing specific requirements for the training provided at each legally mandated FEAP.

The Navy published SECNAVINST 1740.4A (replacing SECNAVINST 1740.4), incorporating the 2016 NDAA mandated financial education into Enclosure (5).

2019-2020: The Marine Corps released the new PFMP standardized curriculum for use by PFMP staff, CFS and PFC. The standardized curriculum is available to PFM and CFS via MarineNet.


New Marine Corps PFM Curriculum
Available January 2020

Specific courses delivered by PFM and CFS will satisfy Financial Education Action Point education requirements consistent with MARADMIN 398/18, the newly published DTM 19-009, and MCO 1700.37

Courses are between 30 minutes to 1 hour in length.

Basic: PFM/PFC/CFS

  1. Exploring Your Financial Values and Habits
  2. Communicating about Money
  3. Setting Financial Goals and Recordkeeping
  4. Introduction to Credit
  5. Introduction to Debt Management
  6. Addressing Excessive Debt
  7. Establishing Savings
  8. Recognizing Consumer Fraud
  9. Protecting Yourself against Consumer Fraud
  10. Choosing a Financial Institution
  11. Introduction to Insurance
  12. PCS Allowances and Entitlements
  13. Financial Planning for PCS (FEAP)
  14. Financial Implications of Caring for Aging Parents
  15. Expanding Your Family (FEAP)
  16. Raising Financially Fit Young Children
  17. Raising Financially Fit Tweens and Teens
  18. Raising Financially Fit Young Adults
  19. Introduction to the Command Financial Specialist (CFS) Program
  20. Developing a Spending Plan
  21. Getting Married (FEAP)
  22. Divorce (FEAP)
  23. Death of an Active Duty Spouse
  24. Death of a Family Member
  25. Introduction to SBP
  26. Managing the Survivor Benefit Plan
  27. Advanced: PFM/PFC
  28. Money Habitudes: Discover Your Money Personality
  29. Military Compensation and Deductions
  30. Military Allowances and Allotments
  31. Military Non-cash Benefits
  32. Using and Managing Credit
  33. Introduction to Investing
  34. Investing in Stocks and Bonds
  35. Investing in Mutual Funds
  36. Investing in Real Estate
  37. Employer-provided Retirement Plans
  38. Introduction to the Thrift Savings Plan (TSP)
  39. Managing Your Thrift Savings Plan (TSP) Account
  40. Renters, Home, and Auto Insurance
  41. Introduction to Life Insurance
  42. Purchasing Life Insurance
  43. Civilian Health Insurance
  44. Disability Insurance
  45. Long-term Care Insurance
  46. Car Buying Preparation and Research
  47. Car Buying Strategies
  48. Renting a Home: Preparation and Research
  49. Strategies for Renting a Home
  50. Home Buying: Preparation and Research
  51. Home Buying Strategies
  52. Selling Your Home: Preparation and Research
  53. Home Selling Strategies
  54. Financial Planning for Deployment and Extended Absences (FEAP)
  55. Managing Your Finances after Deployment (FEAP)
  56. Financial Aid for Education
  57. Repaying Student Debt
  58. Educational Financial Assistance for Family Members
  59. Funding Your Dependents’ Education
  60. Planning for Your Retirement
  61. Military Retirement Pensions and Plans
  62. Personal Retirement Savings and Investments
  63. Introduction to Time Value of Money (TVM)
  64. Introduction to Taxes
  65. Filing Income Taxes
  66. Paying Income Tax
  67. Transition Module (FEAP)
  68. Introduction to Estate Planning
  69. Estate Planning: Powers of Attorney & Advance Medical Directives


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