10/20/2023
How to Break the Stigma of Spoken Finances
By Shirley Tien, Directorate of Prevention, Resilience and Readiness
If you’re struggling to make ends meet, guess
what? Your neighbor is living paycheck to
paycheck, your colleague can’t afford childcare,
your sibling was just laid off, and your friend is on
unemployment. This may come as a surprise, but
no one talks about their finances openly. Let’s try
to change that.
Robyn Alama Mroszczyk, financial education
program manager at HQDA, deputy chief of staff,
G-9 says, “There is this great book called Money
Mammoth by Ted Klontz, Ph.D., that explains
our anxiety about money most likely goes back
decades and affects all of us individually. One
emotion that we are preprogrammed to feel
about money is shame. And what do we do with
shame? Well, we don’t talk about it.”
Finances are everyone’s concern. According
to Karolin Guadarrama, financial readiness
education specialist at HQDA DCS G-9, “It is
quite normal for the average person to not have
a profound understanding of money and how to
manage it. We are moving in the right direction
with personal finance embedded in high schools;
however, the curriculum is not regulated. This
has lasting effects as we can see a direct tie
to concerns with finances affecting readiness
and leading to harmful behaviors.” Poverty and
unemployment may impact mental and general
health, increase risk of child or partner abuse, and
even result in death by su***de.
Mroszczyk says, “Credentialed personal financial
counselors are at every installation providing
free, non-biased confidential counseling services.
Visit financial frontline.org, the Army’s official
financial readiness website.”
Guadarrama adds, “Soldiers and Families should
regularly adjust their spending plan and also
get educated on what additional programs and
benefits are out there that they can qualify
for. Our counselors provide comprehensive
educational and counseling programs including
developing a spending plan, debt management
and planning for those ‘out of the ordinary’
needs.”
However, to really break the stigma of finances,
Mroszczyk says, “Start having conversations
with leadership and other Soldiers. Make
personal finance part of the day in and day
out conversation. Don’t forget to talk to your
kids about financial matters; they are always
watching and observing. Teach them early on
that they don’t have to have shame surrounding
money.”
Many people are facing financial problems, but
there are tools the Army has that can educate
those in need. Directorate of Prevention,
Resilience and Readiness also has lots of
financial tips. Lastly, don’t be afraid to get the
discussion going. You’ll soon realize we’re all
in the same boat. Not only will we succeed in
making the topic the norm, but we’ll also find
quicker solutions to our problems.
.org
https://www.armyresilience.army.mil/ard/images/newsletter/pdf/DPRR%20October%20Newsletter%2010-20-23.pdf?utm_medium=email&utm_source=govdelivery
Valerie Johnson Kunde