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16 Cards in this Set
- Front
- Back
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OPNAVINST 1740.5A
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PERSONAL FINANCIAL MANAGEMENT EDUCATION, TRAINING, AND COUSELING PROGRAM
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WHAT FINANCIAL ISSUES HAVE A DIRECT IMPACT ON READINESS AND RETENTION OF THE NAVY?
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1)HIGH COST OF LIVING
2)PREVALENCE OF EASY CREDIT 3)HIGH PRESSURE SALES TACTICS 4)CLEVER AVERTISING TECHNICQUES 5)UNDISCIPLINED BUYING 6)CONSUMER RIP-OFFS |
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WHO HAS RESPONSIBILITY TO ENCOURAGE FINANCIAL RESPONSIBILITY AND SOUND FINANCIAL PLANNING?
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COMMANDING OFFICER (C0)
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WHAT 3 MAJOR ELEMENTS CREATE PERSONAL FINANCIAL MANAGEMENT (PFM)?
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1)FINANCIAL EDUCATION AND TRAINING
2)FINANCIAL INFORMATION AND REFERRAL 3)FINANCIAL COUNSELING |
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WHAT IS THE RATIO OF COMMAND FINANCIAL SPECIALISTS (CFS)TO PERSONAL ATTACHED TO THE COMMAND?
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1 CFS TO EVERY 75 ACTIVE DUTY MEMBERS INCLUDING THOSE ASSIGNED TAD, TAD UNDER INSTRUCTION, AND MEMBERS FROM OTHER SERVICES.
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WHO CAN COUNSEL A NAVY MEMBERS?
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A QUALIFIED COMMAND FINANCIAL SPECIALIST (CFS) EXPERIENCING FINANCIAL DIFFICULTIES OR SEEKING INFORMATION ON PERSONAL FINANCIAL MANAGEMENT CONCERNS.
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WHAT PAYGRADE CAN BE APPOINTED COMMAND FINANCIAL SPECIALIST (CFS)?
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MINIMUM PAYGRADE OF E6 FOR ENLISTED AND W2/01 FOR OFFICERS
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WHAT IS THE MINIMUM LENGTH OF DUTY FOR A COMMAND FINANCIAL SPECIALIST (CFS)?
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MUST HAVE AT LEAST ONE(1) REMAINING AT THE COMMAND AT TIME OF CFS COURSE COMPLETION.
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HOW OFTEN MUST REFRESHER TRAINING BE COMPLETED FOR COMMAND FINANCIAL SPECIALISTS (CFS)?
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AT LEAST EVERY THREE YEARS
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HOW OFTEN DOES THE COMMAND FINANCIAL SPECIALIST (CFS) REPORT TO THE COMMANDING OFFICER?
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REPORTS QUARTERLY REGARDING EDUCATIONAL AND COUSELING CONDUCTED. ALSO REPORTS QUARTERLY TO THE CFS REPORTING WEBSITE(SEE ENCLOSURE-1, 1740.5A)
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WHAT REFERENCE COVERS COMMAND FINANCIAL SPECIALIST (CFS) RESPONSIBILITIES?
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OPNAVINST 1740.5A
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What are the qualification of the command financial specialist(cfs)
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-E6 and above,W2/01
-Highly motivated and financially stable -complete the cfs training -1 yrs left at the command -participate in cont. edu |
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what is the responsibilities of the Chief of Information
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coordination with the program manager,review and provide info for the navy internal media
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what is the responsibilities of the CNET
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provide training to all recruits at RTC,A school,GMT,NROTC,and training courses in NITRAS/CANTRAC
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what is the responsibilities of the DCNO(MP)
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establish navy pfm program policy and liaison with DOD and other agencies
(program sponsor) |
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what are the guidlines for overseas screeing
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complete a financial planning worksheet
-cfs will counsel member on living expenses,etc on the location -debt to ratio(30%)/no outstanding or unresolved letters of indebtedness/returned checked |
