ICYMI: VBA hosts SEC and DoD for Financial Literacy Q/A

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On Thursday, Apr. 11, the Veterans Benefits Administration’s social media team hosted a Twitter Q/A with the SEC’s Office of Investor Education and Advocacy and the DoD’s Office of Financial Readiness to chat Financial Literacy.

We wanted to call it “How to spend and invest your money gooder,” but since April is actually National Financial Literacy Month, we settled on “Financial Literacy Q/A.”

Since our Veterans and transitioning service members often receive five- and six-figure lump-sum benefits payouts and bonuses, we teamed up with our partners, above, to teach our social communities how to establish and maintain healthy financial habits.

While we didn’t get a chance to touch on whether or not financing 20-inch dubs was really a smart idea, our partners bestowed upon the chat a trove of ideas and resources and links to help you decide for yourself.

Here’s just a small recap of what you may have missed:

Q1: What is Financial Capability and how can someone attain it? #askVBA #FinancialCapability

— Veterans Benefits (@VAVetBenefits) April 11, 2019

A1- Financial capability means an individual has the knowledge, skills and tools they need to meet all their monthly financial obligations as well as any emergency situations that may arise. #AskVBA

— Financial Readiness (@DoDFINRED) April 11, 2019

A1: Knowing how to secure your financial wellbeing is one of the most important things in life. Financial capability means acting on this knowledge by identifying your goals, making a plan, paying off high-interest debt,

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