DISTRIBUTION – SDL No. 170
NON-STANDARD DISTRIBUTION:
Commandant U.S. Coast Guard Stop 7907
United States Coast Guard 2703 Martin Luther King Jr. Ave, SE
Washington, DC 20593-7907
Staff Symbol: CG-1112
Phone: (202) 372-1594
Fax: (202) 372-8467
COMDTINST 1740.8A
10 DEC 2020
COMMANDANT INSTRUCTION 1740.8A
Subj: COAST GUARD PERSONAL FINANCIAL MANAGEMENT PROGRAM
Ref: (a) National Defense Authorization Act for Fiscal Year 2016, Subtitle F, Sec. 661
(b) Discipline and Conduct, COMDTINST M1600.2 (series)
(c) Use of Non-Governmental Educational Material and Presenters, COMDTINST 1740.3
(series)
(d) Transition Assistance Program, COMDTINST 1900.2 (series)
(e) Servicemembers Civil Relief Act, 50 U.S.C. § 501-596
(f) Information and Life Cycle Management Manual, COMDTINST M5212.12 (series)
(g) Standards of Ethical Conduct, COMDTINST M5370.8 (series)
1. PURPOSE. This Instruction establishes policy and guidance for the Personal Financial Management
Program (PFMP) and prescribes associated responsibilities of various organizational components.
2. ACTION. All Coast Guard unit commanders, commanding officers (COs), officers-in-charge
(OICs), deputy/assistant commandants, and chiefs of headquarters staff elements must comply with
the provisions of this Instruction. Internet release is authorized.
3. DIRECTIVES AFFECTED. Coast Guard Personal Financial Management Program, COMDTINST
1740.8, dated 2 April 2015, is cancelled.
4. DISCUSSION.
a. Financial concerns can be a major stressor for Coast Guard service members and their families.
Many studies and needs assessments show financial problems have a direct impact on military
mission readiness. Furthermore, failure to appropriately manage personal finances can seriously
impact an individual’s mental health and physical well-being, and those who experience serious
financial problems can experience a number of negative consequences such as, revoked security
clearance, military discharge, and criminal sanctions to name a few.
