In a recent episode of Yahoo Finance’s podcast Warrior Money, hosts Patrick Murphy and Dan Kunze welcomed Brendan Duebner, founder and executive director of the non-profit organization Life Skills for Soldiers. The discussion centered on Duebner's mission to equip military personnel with essential financial skills, preparing them for successful civilian lives. Since its inception in 2019, the organization has developed comprehensive courses aimed at junior military members, addressing critical areas such as budgeting, credit card management, and car purchasing. Through a "train the trainer" model, Life Skills for Soldiers empowers service members to lead these courses themselves, fostering a supportive learning environment. The organization’s innovative approach has already demonstrated significant positive impacts on participants’ personal and professional lives.
Brendan Duebner, a Wharton MBA graduate, founded Life Skills for Soldiers after recognizing the need for better financial education among service members. His experience as a platoon leader in the US Army highlighted the challenges many soldiers face when transitioning from military to civilian life. One particular success story deeply influenced Duebner's commitment. He recalls a soldier who initially struggled with disciplinary issues due to financial insecurity. After attending a budgeting class, this individual not only improved behavior but also felt supported by leadership. This transformation underscored the importance of addressing financial literacy early in a soldier’s career.
The core of Life Skills for Soldiers lies in its tailored educational programs. Courses cover various topics crucial for young service members, including managing finances, selecting appropriate credit cards, and making informed decisions about major purchases like cars. By using a peer-led training model, the organization ensures that instructors are relatable and knowledgeable. This method leverages the trust and familiarity between leaders and their teams, enhancing the effectiveness of the training. Additionally, Life Skills for Soldiers utilizes advanced learning management software to support trainers and provide ongoing assistance, ensuring that no one is left behind in mastering these vital skills.
Beyond offering free entry-level modules to all military leaders, Life Skills for Soldiers conducts pilot programs with military units to evaluate the impact of its curriculum. Independent research is conducted to measure the efficacy of these initiatives, ensuring continuous improvement. Duebner envisions expanding the reach of Life Skills for Soldiers to benefit thousands, if not millions, of service members. His ultimate goal is to create a robust framework that supports veterans in achieving financial stability and personal growth as they transition into civilian life.
Through the efforts of Life Skills for Soldiers, countless military personnel stand to gain invaluable knowledge and confidence in managing their finances. The organization’s innovative approach, combining practical education with peer support, sets a new standard for veteran reintegration programs. As Life Skills for Soldiers continues to grow, it promises to make a lasting difference in the lives of those who have served our country.