Good day Reddit,
So, I (25yo) am currently in a deployed location in the world with other national guard soldiers. Most are 18-24 years old. I have my personal finances in order with no debt and read blogs/articles almost daily. I have helped around 10 soldiers already get started with saving/retirement.
I was moved to a new outpost and have had my reputation follow. My new boss (an officer) has asked me if I could do a class for these new troops to help them understand their financial options and debts they may have.
Now my problem, I have always done a 1 on 1 for all the other ones so I could make it to their personal situation. Now since this is a class, I am not able to make it personal to each person. Reminder, these are national guardsmen, so after deployment, they will be back in the civilian world. So that is why I am coming to you guys. I need a guideline on what to cover to cater to the majority.
The class can be however long as I have all the time in the world to spend in a non-wifi base and them not be distracted on phones. Below are some topics off the top of my head.
TSP and what options are available in it. Difference in Roth and Traditional
Compound interest calculator
Importance of Emergency Fund
Debts and interest rates on them
Civilian lingo for retirement (401k,529,Etc)
Other than that, I'm not sure what else would be good to cover. I need help putting these ideas in order as I feel like they are everywhere in my mind. Also, I chose here instead of /r/Militaryfinance because of the larger community (longtime lurker of both).
Thanks in advance guys, SGT T.
EDIT: Most of these guys will be returning to the civilian world/workforce after deployment as they are National Guardsmen.
Submitted May 25, 2017 at 04:17AM by godseagle http://ift.tt/2qYENtC