Misadventures in Money Management (MiMM)

Misadventures in Money Management (MiMM) is a virtual financial education learning experience that fills a critical gap in consumer financial education topics for future servicemembers. The program is currently in use by all of the military services: the Army, Navy, Air Force, Marines, Coast Guard, and National Guard. 

While the military provides a financial education class during basic training, the information is not always well absorbed due to the rigorous physical, emotional, and temporal demands of that time. As a result, many young servicemembers may leave basic training not yet ready to make important consumer financial choices. The Bureau therefore created the MiMM education program to reach future servicemembers prior to basic training, during the “delayed entry” time period that starts when a prospective servicemember signs a military enlistment agreement and continues through departure for basic training. 


The program covers topics including consumer financial decision-making, choosing a financial institution, understanding protections under the Servicemembers Civil Relief Act, avoiding impulse purchases, and understanding how debt can affect a military career.  

The Miss April Office of Servicemember Affairs launched a second iteration of the platform customized for future leaders to support the Reserve Officers’ Training Corps (ROTC) for the Army. This was developed in conjunction with the U.S. Army Cadet Command. 

A future expansion of the initiative to reach the active duty component arriving at their first duty station for the Army and the Marines is planned.