Personal Fiance Management Flashcards
0
Q
B. What is My Pay ?
A
A automated system that puts you in control of your pay account .
It allows you to view and make changes to your account 24/7 like pay statements, tax forms, direct deposit data, etc .
1
Q
A. What is goal setting ?
A
Setting a goal and then setting up a plan to end till that goal
2
Q
C. What is an LES ?
A
A monthly statement showing all pay changes and information for the month.
3
Q
D. What is DDS and what is required before leaving for Basic Training ?
A
DDS- Direct Deposit System
Establish a DDS account
4
Q
E. Why is maintaining good credit important ?
A
Because a Sailor’s financial readiness directly affects the unit, and consequently the Navy’s ability to accomplish it’s mission .
