Free Financial Coaching Services Available to Veterans

Free Financial Coaching Services Available to Veterans

U.S. News published a story this week on a new financial coaching initiative program designed by the Consumer Financial Protection Bureau to assist veterans with finances as they transition from active duty to civilian life. The initiative is aimed at the 250,000 service members that leave active duty every year and will offer 60 financial coaches who will be available them. The program will be based out of job centers as well as nonprofit organizations around the United States. The coaching services will be completely free to all veterans and each financial coach will provide one-on-one advice to each client. Overall, the program aims to assist veterans and their families with budgeting, educate them on how to make better consumer decisions, and allow veterans to achieve financial stability. More details about where coaching centers are located can be found on the CFPB website.

Category: Veterans Law