CAMP VICTORY, Iraq – Financial prosperity is not just about money and where it goes. It is a lifestyle choice that requires knowledge of key financial principles and the ability to delay the need for gratification.

That is the philosophy of the Financial Peace University program currently offered by the Special Troop Battalion, 10th Mountain Division Chaplain’s Office located in the Hope Chapel Complex, said Capt. Mike Jones, STB chaplain.

The program, authored by Dave Ramsey, covers all aspects of financial management, including saving, spending wisely, making shrewd deals with salespeople, insurance management, investing and donating money to charities.

“Most financial programs focus on one aspect of financial management,” said Jones. “They are good at what they do but they’re limited in scope. FPU covers everything.”

Saving money is especially important to Spc. Cheryl Thomas, flute and piccolo player for the 10th Mtn. Div. Band.

“I don’t have any debt now,” said Thomas. “My goal coming into this class was to push my savings goal higher.”

The Fort Drum, N.Y. resident is well on her way to reaching her goal.

“When I get home from Iraq I will be able to buy a car with cash,” said Thomas. “I have learned from Dave Ramsey that I don’t need to buy anything on credit to establish good credit, and I don’t need credit at all when I have saved enough cash to buy anything I need.”

The program teaches limiting spending when trying to save money.

Sgt. 1st Class Kimberly Schmitz, Command Group, 10th Mtn. Div. non-commissioned officer in charge, said she wants to learn how to spend wisely.

“My daughter has a lot of ‘I wants,’” the LaJunta, Colo. native said. “Ramsey teaches that we all have that little kid inside of us as well. I am learning the importance of delayed gratification - sleeping on a buying decision before doing it.”

Financial Peace University is making a difference in the lives of Soldiers, said Schmitz. She wants the program to expand.

“I think this training should be mandatory for all Soldiers,” said Schmitz. “Especially younger ones who are just getting started.”