These most-recommended financial resources for Veterans are a great place to start if you are not sure which of the five steps is most important to you today.
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Manage Your Debt: Reducing Your Debt
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Manage Your Debt: Reducing Your Debt
While debt can seem overwhelming, it’s important to remember that there is help for Veterans seeking to reduce existing debt and lower bills. Explore the following legal, medical, and financial programs that can help you put your money towards other goals.
Debt Destroyer
Debt can get out of hand fast. Take back control and set yourself up for financial success with Debt Destroyer® by the USAA Educational Foundation. Debt Destroyer® is a six-step program to tackle debt and build a secure financial future.
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FINVET Debt Destroyer® Step 1
End The Spend
To get out of debt, you have got to stop adding to it. Avoid new debt, evade temptations to spend, and eliminate penalties that can add to your debt. -
FINVET Debt Destroyer® Step 2
Build a Safety Net
Stuff happens when you least expect it. Here’s how to put protection in place so a minor expense doesn’t become a major debt headache. -
FINVET Debt Destroyer® Step 3
Confront Your Debt
Get to know everything you owe so you can analyze, strategize, and minimize your debt. -
FINVET Debt Destroyer® Step 4
Know Your Cash Flow
Knowing what's coming in and what's going out gives you an informed vantage point to make adjustments. -
FINVET Debt Destroyer® Step 5
Adjust Your Cash Flow
Figure out how much extra cash you’ll need to pay down your debt, and find ways to make more and spend less. -
FINVET Debt Destroyer® Step 6
Pay It Down!
Explore proven ways to turbocharge your debt destroying journey. -
The FINVET Debt Destroyer® tool is your battle plan — use proven tactics like Debt Avalanche and Debt Snowball to eliminate debt with precision, speed, and discipline.
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This course offered by FINRED is designed to empower you and your family to get (and stay) out of debt. Learn proven techniques to overcome high-interest consumer debt, make the most of your money and get on track to a more secure financial future.
Legal Help
These services offer information and legal resources for Veterans who need help with their debt.
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VA offers free legal service clinics at VA centers throughout the country. You can see a list of these legal service clinics on the VA website and get free legal help with creating a will or trust.
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If you are looking for help with a civil legal problem, use the I Need Legal Help tool to find an LSC-funded legal aid organization near you.
Medical
Manage your medical debt and pay for medical care with these resources.
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Find out how you can get help with medical bills through free or low-cost medical care, government health insurance programs, or a medical debt management plan at USA.gov.
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Check out this 3-minute video to learn more about the HealthCare.gov health insurance marketplace including how much health care plans cost, how you can get savings on health plans and how you can get lower premiums.
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Review your current VA benefit debt or copay bill balances and find out how to request help on VA.gov or call 1-866-400-1238.
Utilities
If you need help lowering your bills, there are local and national resources that may help.
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Save on phone or internet bill by calling 1-800-234-9473 or visiting USAC Lifeline Support to apply online.
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Access emergency assistance for food, housing, clothing, and utilities through the United Way by calling 211 to speak to someone now or search for resources online by location.
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The U.S. Department of Energy (DOE) Weatherization Assistance Program (WAP) reduces energy costs for low-income households by increasing the energy efficiency of their homes. Through weatherization improvements and upgrades, these households save on average $372 or more every year. Discover how the program helps people in this video.
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Need help with energy costs? Call 1-866-674-6327 or visit LIHEAP's website. Play a 1.5-minute video on their service offerings.
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Check out these smart laundry tips to save money and conserve water.
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Learn how to set your home thermostat to keep your home comfortable and save energy and money.
Find local Veteran services and financial resources in your state.
Find your path to
financial success
FINVET is a one-stop website with a wealth of resources to help Veterans in any stage of their financial journeys to earn more, save more, and protect their money.
Go to FINVET Home
Disclaimer: FINVET does not provide financial assistance. Also, this website is not for emergency or crisis intervention. Instead, FINVET helps connect you to financial resources and tools to improve financial well-being and financial literacy. Find direct financial assistance through these organizations. You can also access local Veteran services and financial resources in your state.
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