Navy Personal Financial Management

munciepqs's version from 2016-02-08 15:50


Question Answer
What is goal setting?Setting goals forces you to decide what you want to accomplish and clearly define the steps to take to achieve those goals.
What is My Pay?A system that puts you in control of your pay account and allows you to make changes quickly and easily.
What is LES?Leave and Earnings Statement (LES) is a monthly statement showing all pay changes and information for the month.
What is DDS and what is required before leaving for RTC.Direct Deposit System (DDS) is an automatic electronic payment method and is required to be set up before leaving for RTC.
Why is maintaining good credit important?Good credit shows lenders, employers, and businesses that you can repay debt and manage money.