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MCI 34.20
e
MARINE CORPS INSTITUTEMARINE CORPS INSTITUTE
PERSONAL FINANCIALMANAGEMENT
MARINE BARRACKSWASHINGTON, D.C.
 
34.20e1 Mar 98MCI 34.20e, PERSONAL FINANCIAL MANAGEMENT1. Purpose. MCI course 34.20e, Personal Financial Management, has been published to assistMarines in their management of personal financial matters.2. Scope. MCI 34.20e addresses the need to inform our Marines of the many aspects of personalfinancial management. Items addressed are collecting and safeguarding important papers;veterans benefits; insurance policies, including Servicemen's Group Life Insurance (SGLI) andVeteran's Group Life Insurance (VGLI); miltary retirement; budget formation and management;choosing financial institutions; check writing, recording, and reconciliation; opening andmaintaining checking accounts; obtaining loans; credit guidelines; and other pertinent subjects.3. Applicability. This course is intended for instructional purposes only. It is designed for use byMarines in the ranks of Pvt-MSgt in all MOSs.4. Recommendations. Comments and recommendations on the contents of the course are invitedand will aid in subsequent course revisions. Please complete the course evaluation questionnairelocated at the end of the text and return it to:DirectorMarine Corps InstituteATTN: Support TeamWashington Navy Yard912 Poor Street SEWashington, DC 20391-5680G. WhiteLieutenant Colonel, U.S. Marine CorpsDeputy Director
UNITED STATES MARINE CORPS
MARINE CORPS INSTITUTE912 POOR STREET SEWASHINGTON, DC 20391-5680 
IN REPLY REFER TO:
 
 
PERSONAL FINANCIAL MANAGEMENTCONTENTSPageContents .............................................................................. iStudent Information .................................................................. iiiStudy Guide .......................................................................... vStudy Unit 1 Important PapersLesson 1 Identify, Locate, and Safeguard Your Important Papers ............. 1-1Lesson 2 Estate Planning ..................................................... 1-8Exercise ......................................................... 1-15Study Unit 2 Military BenefitsLesson 1 Life Insurance Options .............................................. 2-1Lesson 2 Military Health Benefits ............................................. 2-17Lesson 3 G.I. Bill Educational Benefits ....................................... 2-22Lesson 4 Other Veterans Administration (VA) Benefits ....................... 2-25Lesson 5 Retirement Pay Benefits ............................................ 2-31Unit Exercise ......................................................... 2-38Study Unit 3 Financial PlanningLesson 1 Planning Your Financial Goals ...................................... 3-1Lesson 2 Choosing a Financial Institution and Type of Savings Program ....... 3-9Lesson 3 Selecting and Maintaining Your Checking Account .................. 3-17Unit Exercise ......................................................... 3-32Study Unit 4 Financing Major PurchasesLesson 1 Examining Credit ................................................... 4-1Lesson 2 Purchasing a Motor Vehicle ......................................... 4-10Lesson 3 Purchasing Real Estate .............................................. 4-13Unit Exercise ......................................................... 4-18Review Lesson ..................................................................... R-1i
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09 / 04 / 2010This doucment made it onto the Rising List!

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