Royal Scots Borderers (1 SCOTS) were put through their financial paces recently as part of a new money fitness training programme.
The Ministry of Defence, Royal British Legion and Standard Life Charitable Trust have joined forces to give Armed Forces personnel basic training in money management.
Thirty Royal Scots Borderers soldiers took part in the first training session of its kind in Scotland at their Dreghorn Barracks last week, Moneyforce trainer Colin MacKenzie challenging them to become more ‘MoneyFit’ with videos about money matters and workshops to discuss their savings, budgeting and attitudes to money.
Afterwards Colin MacKenzie said: “The unique challenges represented by deployment overseas and periodic relocation, can make day to day management of finances particularly difficult for service personnel. MoneyForce has been designed to help address this through a training programme and website that is a trusted ‘one stop shop’, where service personnel and their families can access information, advice and money management tools on line.
“We realised from the start just how important it would be for MoneyForce training to be delivered by men and women in uniform, who would be both credible and able to share their experiences, good and bad, of managing a budget and why we need to manage our money well.
“It’s really important that service personnel become ‘MoneyFit’ early on in their career and start to practice good habits from the outset.”