Edition of April 8 , 2013

1. Financial Tips for Weathering the Furlough a presentation from Army Community Service (ACS) of USAG Rock Island Arsenal Edition of April 8, 2013

2. “Uncle Jon” Cook • Survivor Outreach Services – Financial Counselor • Financial Readiness Program • Personal Financial Management (PFM) Specialist • Accredited Financial Counselor (AFC) • Army Emergency Relief (AER) • Notary Public • Employment Readiness Program • Military Spouse Employment Program (MSEP) • (Former) Professional in Human Resources (PHR) & (Former) Certified Workforce Development Professional (CWDP) (309) 782 - 0815 1 – 877 – 882 – 0523 jon.c.cook.civ @ mail. mil www. riamwr. com / acs /

3. Personal Financial Managementa Call to Action Can your current savings carry you through the furlough and reduced pay?Can you cut enough expenses to stay within the budget?Through end of September? (through ____?) • Actions you, your family and your co-workers may take now to prepare. • Commit to short and long term goals. • Resources available to meet your goals.

4. Sequence of the Presentation • Military Saves Campaign and Ready Army • Personal Financial Management (PFM) Web Sites • PFM References and Resources • Financial Tips for “Weathering the Furlough” • A Call to Action Please do ask questions as we go through the session. This presentation is designed to give you quite a few “Scooby Doo” moments!

5. http://readyarmy.ria.army.mil Ready Army is the Army’s proactive campaign to increase the resilience of the Army community and enhance the readiness of the force … www. military saves. org

6. Personal Financial Management Web $ites www.riamwr.com/acs/financial-readiness 4b. Excel Spreadsheet in weekly bands for persons paid bi-weekly 7. Excel Spreadsheet for figuring out “how far your money will go?”

7. Personal Financial Management Web $ites • My Army One Source at www.myarmyonesource.com • > (1) Family Programs and Services (on the upper left) > (2) Family programs > (3) Financial Readiness 1 3 2

8. Personal Financial Management Web $ites http://www.powerpay.org PowerPay from Utah State Extension Service & Utah State University

9. Personal Financial Management Web $ites www.feedthepig.org Ways to Save! www.consumer.ftc.gov/articles/0163-66-ways-save-money 66 Ways to Save Money!

10. Personal Financial Management Web $ites http://www.feea.org Scholarships for Federal Employees and Family Members Application for Assistance

11. Personal Financial Management References Reference for reducing personal debt and dealing professionally with creditors and lenders Out of Hock & Out of Debt Reference for basic personal financial management (PFM) such as goal setting, saving, budgeting and handling creditMoney Management

12. Personal Financial ManagementInstallation Resources First Line Supervisor, your Supervisory Chain, and your personnel office Civilian Personnel Advisory Center (CPAC RIA) Furlough Hotline – (309) 782-1742; https://ncweb.ria.army.mil/riacpac/ Security Office to alert them of credit report & security clearance issues – (309) 782-6611 “Ask the Garrison Manager” via Garrison Public Affairs Officer (PAO): Eric Cramer, (309) 782-7746, eric.w.cramer2.civ@mail.mil Army Community Service (ACS) – (309) 782-0829 / -0815 Employee Assistance Program (EAP) – (309) 782-4357 (2-HELP) Chaplain’s Office (Army Sustainment Command) – (309) 782-0910 On-post Financial Institution = RIA Federal Credit Union www.riafcu.comGeneral Number: (563) 355-3800; RIA Branch Manager: ext 1000

13. Your on-post Financial Institution • www.riafcu.com(563) 355-3800 • Consult with a personal representative • Learning about Saving Strategies • Learn about low interest products • Consult with financial coaches on impacts of dealing with creditors • Consult with your financial institution(s) and creditor(s) early if you foresee a problem!

14. Personal Financial Management Community Resources United Way of the Quad CitiesInformation and Referral Service “2 – 1 – 1” http://unitedwayqc.org/our-work/2-1-1

15. Financial Tips for“Weathering the Furlough” • When battling the budget, you have three options: • (1) decrease expenses; • (2) increase income; or • (3) do both. • Encourage your team and family to contribute to solutions. • The Personal Financial Management (PFM) goal does not change: spend less than you make! • Consider what you’ll save • Trim the fat from your budget • Wipe out unnecessary expenses • Cut back on food costs • Contact your financial institution and creditors to ask for an accommodation • Dip into savings cautiously • Apply for loans if necessary • Make extra money • Military Saves and Ready Army Informational Campaigns • Theodore Roosevelt had this advice: “Do what you can, with what you have, where you are.” * Adjust W-4 Withholding

16. Desire more take home pay? Desire an instant pay raise? Get too much money in your tax refunds? Are you starving for 51 weeks and then get money dumped on you, and then go back to starving? Adjust your W-4 Withholdings for Federal and State taxes! http://www.irs.gov/Individuals/IRS-Withholding-Calculator Why give the revenue services an interest free loan? Put the money in your bi-weekly paycheck $$!

17. Personal Financial Managementa Call to Action Can your current savings carry you through the furlough and reduced pay?Can you cut enough expenses to stay within the budget?Through end of September? (through ____?) • Actions you, your family and your co-workers may take now to prepare. • Commit to short and long term goals. • Resources available to meet your goals.