Lawmakers preparing to protect military families from financial predators
Federal and state officials responsible for regulating lenders want to provide greater protection for military families' finances, according to an article in Military Times yesterday. Lenders are skirting the edges of the law -- or defying it outright -- and lawmakers want it to stop. They're calling for better financial education for service members and better laws to protect our military families.
The Library's Smart Investing project is planning a series of financial workshops on Redstone Arsenal, for both adults and teens. Working with Army Community Services and Redstone Arsenal MWR's HIRED program for teens, we'll help military families get started with investment basics, budgeting, saving money, and preparing for retirement -- and more. Check us out starting January!