GREENSBORO, N.C. -- Triad military families, active duty military personnel and veterans will have an opportunity to seek free financial advice and money managing tips from Consumer Credit Counseling Service (CCCS) of Greater Greensboro (Family Service of the Piedmont) this weekend.
CCCS director Eric Gillespie explained the workshop was unintentionally planned (but ironically timely) the same week U.S. defense secretary Chuck Hagel announced a plan to scale back the size of the military through next year's defense budget. Tuesday, President Obama also announced a plan to withdraw all troops from Afghanistan by 2015. So, many military families, discharged troops and veterans soon could be faced with new financial decisions. CCCS education coordinator Cheryl Brooks-Poole reiterated, "It's never too early to plan."
Gillespie said among basic financial tips, the workshop will teach attendees the critical importance of credit. He said credit can affect security clearance, which can influence military ranking. He acknowledged this factor, among others, cause military families to have to consider certain financial factors non-military families do not.
The military financial workshop, sponsored by Wells Fargo, is Saturday, March 1 from 9 a.m. to noon at First Presbyterian Church in Greensboro. The event is free, but registration is required. To register, call 373-8882.