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9 Cards in this Set
- Front
- Back
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The lack of basic consumer skills and training in how to manage finances set the stage for financial difficulty, what are the other contributing factors that impact navy lifesyle
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-High cost of living in the U.S/Overseas
-Prevalence of easy credit -High pressure sales tactics -Undisciplined buying -Consumer rip-offs |
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what are the (3)three major elements of the PFM program
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-Financial education and training
-Financial information and referral -Financial counseling |
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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 function of the of the CFS
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-establish,organize and administer the command PFM program
-provide counseling to individual members -perform financial screening -maintain records of training,counseling conducted/referrals and ensure confidentially of records |
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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 |
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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 is the responsibilities of the Command,Navy Personnel Command
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-coordinate training with CNET
-maintain program effectiveness and currency -integrate militarty and civilian personnel in the program -provide guidance to all policy and plans -develop training materials and program -conduct periodic program evaluation and updates |
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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 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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