A NEW website to help service personnel with financial planning has been launched by the MoD in co-operation with The Royal British Legion.

The new MoneyForce website includes an innovative budget planner, car cost calculator and credit card forecaster; all designed to equip service personnel and their families with the best information and tools to make informed financial decisions about their future.

For the first time ever, MoneyForce will also introduce structured financial education into all armed forces basic training to ensure all personnel receive comprehensive financial advice during their service.

MoneyForce is delivered by the Royal British Legion in partnership with the Ministry of Defence and with the support of the Standard Life Charitable Trust, which has funded the project.

I have been into the site and it is first class and many of its features can be used by anyone to help plan their finances, I particularly liked the car expenses planner – frightening when you work out just how much the annual cost of a car is.

The site can be found at: moneyforce.org.uk.