We all know the stereotype: Joe/Jane goes out and buys a 1985 TransAm with a 28% interest loan. Or is a regular customer of the local payday loan institution and soon is in creeping debt up to their eyeballs.

While most of us may not have challenges to this extreme, we’ve still seen issues with financial literacy among our Soldiers.

How have you built financial literacy among your Soldiers? How do you develop it yourself?

Some sub-questions that you may find helpful in answering this one:

• What does “financial literacy” mean to you?
• How do you help Soldiers build the vocabulary necessary to talk about financial literacy?
• How can the new blended retirement system be used to Soldiers’ advantage?
• Tell a story about how you built or helped build financial literacy with your team.