When finances get personal > Air Force Reserve Command > News Article

Even if you live in a cave on a deserted island in the middle of the Pacific Ocean, you’ll likely still hear about inflation, the cost of fuel, and the increased difficulty of finding affordable housing. These topics are on the minds of many right now.

You might think it’s a good idea to sit down and revise your budget. Before doing this, you may want to meet with your personal financial advisor. And yes, you, as a reservist, have one.

“Budgets are for business, spending plans are for people,” said Schane Coker, personal financial advisor for the 482nd Fighter Wing. “It’s about the people, not the account”

Coker brings a refreshing take on personal finance. It does not talk about money, budgets and investments in general terms.

He talks about how all of this applies to the individual. When asked a question about personal finances, Coker begins to ask his own questions to elicit the details of the individual’s financial concerns. After a few minutes of conversation with Coker, it becomes very clear that he is giving advice tailored to the individual.

“The first step in helping someone is to find the why,” Coker said.

The “why” he refers to is an objective that must be detailed.

“In my experience, the military often doesn’t know why,” he said. “They usually think about what they can do for others and not for themselves. I can help with that, I can help find a goal and show how it can be achieved.

Someone can be a total financial slate when they meet Coker. He will ask all the necessary questions to help find a goal and do some forensic accounting to find out if there are any issues with spending.

Coker said he is committed to improving financial literacy and the knowledge and application of various financial skills.

“Buying your first home, your retirement, your savings plan, your credit management, I can help people figure it all out,” Coker said.

Counseling is confidential and available to Airmen and those living in their homes.

Contact your supervisor for more information about your personal financial advisor facilities.

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