139th News

Coping with Financial Issues of COVID-19 - Part 41

  • Published
  • By Randy Gerard, Personal Financial Counselor

Hoping that this finds everyone “fully celebrated”, lol, but safe and looking forward to a healthy, prosperous and productive 2021. This year will show some modifications to last year’s briefing schedule so please watch your email and the Wing calendar on SharePoint for scheduled offerings. In general, I will be offering Air Force required briefings for identified Touch Points (TP) in your military careers. On drill weekends I will offer a topic Sundays and repeat with the same topic the following week (usually Tuesday) for all AGRs and full time members. In addition, other various topics will be offered during the month so watch the calendar and these Tidbits for information. Most of the topics are also available online through Wing learning systems but if the topic is of interest, you also have the chance to view my briefing. Last year’s Zoom sessions will be modified to accommodate the scheduling of TP briefings which I will attempt to identify in these Tidbits.

  • 5 – 7 January – No briefings
  • 10 January – Divorce TP
  • 12 January – Divorce TP
  • 12 January – Q&A Drop-in
  • 14 January – Q&A Drop-in
  • 20 January – TSP Vesting TP
  • 27 January – TSP Vesting TP

Be Wary of Non-official Credit Reports
AnnualCreditReport.com is the official site to get your free annual credit reports. This right is guaranteed by Federal law. You can verify this is the official site by visiting the CFPB's website. Don't be fooled by look-alike sites. You can be sure that you are on the right site if you type www.AnnualCreditReport.com in your browser address line. Don't come to this site by clicking on a link in another site or in an email. Please access this link for more information.

Coordinate Your Credit Reports with the Matching Credit Scores
Many people do not know about the credit scoring system—much less their credit score—until they attempt to buy a home, take out a loan to start a business or make a major purchase. A credit score is usually a three-digit number that lenders use to help them decide whether you get a mortgage, a credit card or some other line of credit, and the interest rate you are charged for this credit. The score is a picture of you as a credit risk to the lender at the time of your application. Visit this link for more information.

Don’t hesitate to reach out by phone, text, email or ask for a private Zoom session for you or your family members. Be Vigilant and STAY SAFE!

Randy Gerard, PFC
C (573) 415-6934
O (816) 236-3659

This week’s thought: “A simple fact that is hard to learn is that the time to save money is when you have some.” ~Joe Morgan