Photo By Maj. Demietrice Pittman | Servicemembers enrolled in the Financial Peace University class hold certificates of...... read more read more
CAMP BONDSTEEL, Kosovo – From December 2019- February 2020, Soldiers deployed to Camp Bondsteel, Kosovo attended a 9 week Financial Peace University class designed to decrease debt and gain wealth.
An American Psychological Association survey found that most Americans are stressed and anxious about their financial future. The study reports that about 8 in 10 people identify money (81%) and the economy (80%) as significant sources of stress in their lives. Other sources of stress include work (67%), family health problems (67%), housing costs (62%), relationships (62%), personal health concerns (61%), job stability (56%) and personal safety (48%). Problems with finances is one of the warning signs of suicide that Soldiers and command teams are asked to look out for in their ranks.
Here are some other red flags that people should look for within the workplace to see if people are struggling:
• Poor Health (headaches-lack of sleep-feeling sick)
• Poor job performance (can’t concentrate)
• Excessive alcohol use
• Abuser of prescription drugs
• Coming in late to work frequently
• Negative job behavior
• High absenteeism
Enrolling in a finance class can have positive effects on the health. The course that the Soldiers completed is part of the Dave Ramsey Financial Peace University and was the specific military version. https://www.daveramsey.com/military/
The 9 week Lessons include the following:
• Lesson 1: Super Saving
• Lesson 2: Relating with Money
• Lesson 3: Cash Flow Planning
• Lesson 4: Dumping Debt
• Lesson 5: Buyer Beware
• Lesson 6: The Role of Insurance
• Lesson 7: Retirement and College Planning
• Lesson 8: Real Estate and Mortgages
• Lesson 9: The Great Misunderstanding
The class bonded over personal stories and supported each other as they paid off debt and saved money. As a class, they were able to pay off over $82,000 in debt and save over $200,000 for emergency funds and wealth bonding.
| Date Taken: | 02.19.2020 |
| Date Posted: | 02.19.2020 06:40 |
| Story ID: | 363378 |
| Location: | ZZ |
| Web Views: | 56 |
| Downloads: | 0 |
This work, Soldiers start the New Year Making Wise Financial Decisions, by MAJ Demietrice Pittman, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright.
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