Welcome to

FINANCIAL INDEPENDENCE TRAINING

We are a non-profit organization dedicated to increasing military financial readiness and inspiring service members to achieve financial independence.
FOR SERVICEMEMBERSFOR VOLUNTEERS

THE NEED FOR

FINANCIAL TRAINING

“...Financial readiness directly impacts unit readiness and, consequently, the Corp’s ability to accomplish its mission. We must act to ensure our Marines avoid financial pitfalls and make wise decisions.”

-General M. W. Hagee, Former USMC Commandant

FINANCIAL WELL-BEING

Financial challenges abound according to the article titled, How to Manage Your Finances When Serving in the Military. In the 2014 National Foundation for Credit Counseling (NFCC) survey 77% of service members admitted to having financial worries.

MISSION READINESS

Former Sec. of Defense Leon Panetta on 10/21/2012 said the No. 1 reason troops lose security clearances was financial troubles, which include things like overwhelming debt for mortgages, credit cards and student loans. He went on to say that “The financial health of our forces is absolutely critical to our overall military readiness.”

TROOP MORALE

According to an interview with CBS, “Lt. Col. Russ Putnam, a Fort Stewart lawyer, told legislators that stress over paying off payday loans hurts troop morale and the combat readiness of the post’s 3rd Infantry Division, which led the assault on Baghdad. In extreme cases, soldiers saddled with debt must be discharged.”

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FINANCIAL EMERGENCIES

In a survey done by the National Foundation for Credit Counseling, 55% of service members responded that they are not prepared to adequately handle a financial emergency.

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SECURITY CLEARANCES DENIED

High debt load accounts for approximately 50 percent of security clearance denials. According to the Adjudicative Guidelines, Guideline F: “Failure to live within one’s means, satisfy debts, and meet financial obligations may raise questions about the individual’s honesty and put people, property or information systems at risk.”

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SERVICE MEMBER DEBT

According to a NFCC survey, “58% of military carried credit card debt over from month-to-month as compared to 34% of the general population. So while the problem of debt is universal, being in debt often is more common for active armed forces personnel and their dependents than for non-military families.”

OUR MISSION

To educate service members to make more informed financial decisions through one-on-one financial counseling and online education that integrates saving, spending, and goal-setting practices.

READY TO START

TRAINING MODULES

Please select one of courses below to begin.

OPPORTUNITIES LOSTThe Car Buying Dilemma

This module will guide you through the entire car buying process from beginning to end. Basics of personal finance (budgeting, credit, debt) are applied throughout the module from the perspective of a young Marine looking to purchase a car.

'TIL DEBT DO US PARTThe Wedding Decision

This module will examine the various ways to plan and pay for a wedding. You will learn different ways to save on wedding costs and options to fund your big day. Emphasis is placed on special considerations for marriage benefits and pitfalls while in the military.

SUCCESS OR FAILURESaving vs. Spending

This simulation is designed to show how three common life events affect a Marine’s financial well being by either building up savings or going into debt. By running this simulation, you will be able to determine how much you need to save to achieve financial success in each of these life events.

DONATIONS

Thank you for contributing to our mission and supporting our troops. Please click on the button for more information.

WHO WE ARE

OUR TEAM

FIT’s team includes military veterans, financial professionals, and Board members all with the desire to help our military members succeed financially not only while in the military but throughout their lives.
David Block, US Army, Retired, CFP®
David Block, US Army, Retired, CFP®
President, Founder
David Block, a retired U.S. Army officer, is experienced with the financial challenges facing our military today. Since retiring, he obtained the necessary education to become a CFP®, a Master in Financial Services, and taught at two universities.
Jas Arandia, USMC Veteran, AFC®
Jas Arandia, USMC Veteran, AFC®
Secretary
Jas served 5 years in the US Marine Corps before attending San Diego State University and graduated with a Masters degree in Financial and Tax Planning. He currently works as a Personal Financial Counselor for military members under Zeiders Enterprises.
Steven Fox, USMC Veteran
Steven Fox, USMC Veteran
Treasurer
Steven Fox is the founder of Next Gen Financial Planning and an 8 year veteran of the US Marine Corps. He attended San Diego State University where he graduated with honors while earning a bachelors degree in financial services, a certificate in personal financial planning, and a minor in entrepreneurship.
J. Steven Penner, USMC Veteran
J. Steven Penner, USMC Veteran
Advisory Board Member
J. Steven Penner is a veteran of the US Marine Corps and is the President of Fireside Capital Advisors, Inc. He serves as an Advisory Board Member with Financial Independence Training, Inc.
Gordon Tudor, CFP®
Gordon Tudor, CFP®
Advisory Board Member
Gordon is a principal of Wealth Analytics and has been a leader in the financial planning industry for more than twenty years. He is the past President and current Chairman of the Financial Planning Association of San Diego.
Dick Power
Dick Power
Advisory Board Member
Dick Power, a retired Army Colonel, is the principal of Power Plans and is a highly respected leader in the financial planning profession. He received the FPA's Heart of Financial Planning Award in 2012 and continues to give back to community through his involvement in multiple pro bono efforts and non-profit boards.
WHAT WE'VE DONE

PAST EVENTS

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Service Members Reached
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Financial Courses Taught
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Volunteer Hours Served
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Military Bases Served

VOLUNTEERS

Thank you for your interest in volunteering. Please click on the button for more information and resources.

HOW TO REACH US

CONTACT INFO

Please feel free to send us an e-mail using the form below.

Address:

4924 Vista Arroyo, La Mesa, CA 91941

E-Mail

info@fit-inc.org

Hours:

Mon-Fri 9am – 5pm