San Diego, CA -
Military families, Consumers, and financial professionals
seeking to learn more about personal finance could find plenty
of courses, but all were without college, until now. ICFE
discovered a three module course in personal finance for the
on-line learning environment which is available exclusively from
Park University, which was recently ranked by US News and World
Report as the 2nd largest online degree provider in the nation.
The Personal Financial Management course (F1 201M) was developed
specifically for service members, financial counselors who work
in the military or consumer environments and American consumers.
Upon successful completion, a student receives three ( 3 )
undergraduate credit hours toward a Park University degree, or
to be transferred to other accredited schools.
The F1 201M course is a practical, self-paced college course
covering the basics of money. In less than 60 days, students can
learn everything they need to stop living paycheck to paycheck
and take control of money. It also covers many key elements
rarely learned at home or school: They include, but are not
The importance of regularly contributing to a savings plan or
military thrift savings plan (TSP) and also learn ways to
maximize those contributions.
How to create
and implement a budget (a/k/a spending plan)
How and why to start an emergency savings fund
How to understand and improve your credit score
Getting out of debt and staying out
Fundamentals of investing for retirement
Insurance and tax basics
How the psychology of money affects you
Students are provided with free e-books, budgeting tools,
financial calculators, and worksheets for ongoing use. In
addition, students have access to financial counselors to answer
questions throughout the course.
The course is exceptionally flexible because it's online.
Students can enroll and start any time it fits their schedule
throughout the year. Best of all, for a vast majority of
consumers, including active duty service members, the course is
available at no cost by using their employer and/or military
education benefits. For example, active-duty personnel can apply
for the military's Tuition Assistance program that will pay for
100% of the tuition cost up-front, with no out-of-pocket
expenses for the service member.
As a financial counselor in the military community or one who
works with civilians, this course provides the kind of basic
financial insights that greatly benefit the lives of service
members and families you serve. It also serves as a great
refresher course for anyone in the financial counseling
In summary, this course:
Provides a strong financial foundation.
Qualifies for college credit.
Is covered by Tuition Assistance for military personnel (and
Requires no additional fees for labs, books or other items.
Is discounted for military personnel and their dependents.
Can equip individuals and families to better their financial
To learn more about Personal Financial Management at Park
University, visit EnrollPark.com/icfe and submit a request for
more information or visit the ICFE's web page at ICFE.info for
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.