ICFE Partners with Department of Defense
 
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ICFE Partners with Department of Defense.

Organizations join to improve financial literacy of
troops through the DOD's Financial Readiness Campaign

San Diego, CA.  The award winning, San Diego based Institute of Consumer Financial Education (ICFE) recently signed a Memorandum of Understanding (MOU) with the Office of the Deputy Under Secretary of Defense/Military Community and Family Policy to help improve the financial readiness of military service members and their families. The MOU allows personnel at military installations
throughout the Department of Defense (DoD) to utilize the many financial education programs and web-based services provided by the ICFE including personal finance curriculums, PowerPoint shows, financial counseling, spending education, credit education and credit report reviews among numerous other Resources and services.

The ICFE is an independent, national nonprofit organization founded in 1982 by the late Loren Dunton, who is credited with founding the financial planning industry and who created the very prestigious 'Certified Financial Planner (CFP) designation. The ICFE dedicated to helping consumers of all ages do a better job of spending, increasing savings accumulation and use credit more wisely.

The MOU between the two organizations is part of a DoD financial education initiative aiming to assist service members and their families in their efforts to build personal wealth through improved spending techniques and Practices, reducing debt and establishing savings goals. By increasing personal wealth, service members are better able to achieve financial goals such as maintaining an emergency cash reserve, sending their children to college, purchasing a house after leaving the service and investing for retirement.

"The ICFE has been helping the military financial counselors for many years now with training programs and educational courses, brochures, an eNEWS and other helpful materials. Now, this agreement between ICFE and the Department of Defense makes it official and placesthe ICFE's programs and materials before all the of the military's personal finance management specialists (PFMS), worldwide," said Paul S. Richard, a Registered Financial Consultant (RFC) and the ICFE's executive director.

As part of the MOU, the ICFE is making its web-based personal finance curriculum, credit report reviews, credit file correction and other ICFE materials available to all PFMS, many of whom have already completed their training and have been certified as Credit Report Reviewers by the ICFE. The ICFE also has speakers and other presenters available who visit installations and speak to service
members about their personal finances.

###

For more information about the Department of Defense/Financial Readiness Campaign (DOD/FRC)
contact Colonel (Ret) Marcus Beauregard 703-696-9468 x 166

For more information about the ICFE and the MOU with the DOD/FRC
contact Paul S. Richard - 619-239-1401

To learn more about free credit reports, credit file mistakes and credit report reviews or how to become Certified as a Credit Report Reviewer, please visit www.financial-education-icfe.org.

Paul S. Richard
Executive Director
Institute of Consumer Financial Education
PO Box 34070
San Diego, CA 92163

619-239-1401

Email Reply: info@icfe.org 
 

About the ICFE:

The Institute of Consumer Financial Education (ICFE) was founded in 1982 by the late Loren Dunton (creator of the Certified Financial Planner (CFP) designation).  The ICFE is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. 
The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and Resources. It publishes the Do-It-Yourself Credit File correction Guide, which is updated annually. The ICFE has distributed over one million Credit/Debit Card Warning Labels and Credit/Debit Card Sleeves world wide.

The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.The ICFE was an active partner in the California Student Debt Resource Awareness Project (CASDRAP) which resulted in a new web site: (studentdebthelp.org).  CASDRAP disbanded in 2010, shortly after the web site project was completed.  In 2011 the ICFE assumed the single sponsorship of the (studentdebthelp.org) web site and is now responsible for its content and operation.

The ICFE is also an on-line help for consumers who spend too much.  ICFE's spending help was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from the ICFE's Money Instruction Book, our course in personal finance.

Visit the ICFE's other web sites at: www.financial-education-icfe.org and studentdebthelp.org.  Both sites helps consumers and students with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and how to teach children about money. Other ICFE services include: Ask Mr. G,  a free eNews, and an online resource center for students, parents and educators, plus financial education learning tools and a book store.

About the ICFE:

The Institute of Consumer Financial Education (ICFE), founded in 1982 by the late Loren Dunton (creator of the 'certified financial planner' (CFP) designation) and it is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. The ICFE trains and certifies Personal Finance Instructors for its own curriculum. It also trains and certifies Credit Report Reviewers and Identity Theft Prevention Specialists.

The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and Resources. It publishes the Do-It-Yourself Credit File correction Guide, now in its 16th printing and has distributed over one million 'Credit/Debit Card Warning Labels' and 'Credit/Debit Card Sleeves' world wide.

The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.

The ICFE is also a partner in the national Jump$tart Coalition for Financial Literacy and the California Jump$tart chapter. The ICFE staff is also active with San Diego Saves, an offshoot of America Saves, and the California Student Debt Resource Awareness Project (CASDRAP) (studentdebthelp.org).

The ICFE's on-line help for consumers who spend too much was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from 'The Money Instruction Book,' a course in personal finance, positioned to become among the premier programs in the new bankruptcy and debtor education initiatives.

The ICFE Web site at: www.financial-education-icfe.org helps consumers with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and videos and how to teach children about money. Other ICFE services include a free eNews, and an online resource center of financial education learning tools, including videos, books, software and personal finance courses.

 
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