Military Saves Blog

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Tips, advice, and the latest news from the savings world.

Celebrate Month of the Military Child by Teaching Your Child the Value of Saving!

Young Savers
Written by April Crews · 24 April 2014

Many know that April is Financial Literacy Month, but did you know that it is also the month of the military child? That’s right! In 1986, then Secretary of Defense Caspar W. Weinberger designated each April as “The Month of the Military Child”. There are celebrations honoring the children of servicemembers. Won’t you honor your child by investing in his or her future and teach the value of saving and responsible spending? Here’s a few ways to introduce your child to money management this month:

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NCUA’s Adventure Game “Hit The Road” Helps Young People Learn Money Skills

Young Savers
Written by Guest Blogger · 23 April 2014

By Debbie Matz, NCUA Board Chairman

National Financial Literacy Month is coming to a close, but there are a lot of resources available to help young consumers become more educated about money. Promoting financial literacy is a year-round commitment for the National Credit Union Administration, and the agency offers many free financial literacy and education tools through its consumer protection website MyCreditUnion.gov and the financial literacy microsite Pocket Cents, which is dedicated to helping youth, tweens and teens, young adults, parents and educators, families, seniors, and servicemembers learn how to make smarter financial decisions.

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Is your child a victim of identity theft? Is your child a victim of identity theft? We’re serious.

Youth Identity Theft
Written by Guest Blogger · 22 April 2014

by Carol Kando-Pineda, Attorney, Federal Trade Commission

Right about now is the time when many of us are searching for scholarships and financial aid for our college-bound kids. Or maybe Junior is interviewing for his first job — or Muffy is buying her first car. In the middle of the paperwork, you might get a nasty surprise: your child’s credit report shows unpaid bills and a loan default.

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4 Reasons You Shouldn’t Fall Prey to the Payday Loan Trap

Debt Payday Loans
Written by April Crews · 17 April 2014

Payday loans can set you up for debt that can come back to haunt you later, especially if you take out more than you can truly afford to pay back.  It can be difficult for someone on a fixed budget to pay back these expensive loans in just two weeks, which is generally the amount of time given to repay such loans.  If you’ve considered resorting to a payday loan to pay off an emergency expense, consider the following before doing so:

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Tip of the Day

  • Written by Guest Blogger | April 25, 2014

    Develop a long-term Plan for financial readiness by creating financial goals and striving for milestones. Positive outcomes usually start with a goal and a vision. http://ow.ly/sCvQQ

Saver Stories View all »

Building Wealth by Setting Goals

Written by Super User | April 24, 2013

My name is Allison Mecadon and I’m a Youth Coordinator with the Virginia National Guard Youth Program.  My husband, Tom, is an M-Day Army National Guard Member (an M-Day member is one who performs weekend drill, but is not on full-time duty). Tom just got back from a 1-year deployment to Afghanistan and before that served a one year ADOS tour (Active Duty Operational Support) at Ft Belvoir.

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Savers Pledge Leads to Savings Success

Written by Super User | October 13, 2011

My name is Rob and I am a Staff Sergeant in the Marine Corps Reserve. My financial success is a huge result of the Military Saves Campaign.

My journey began five years ago after marrying my wife, Lisa. We entered our marriage with no savings plan in sight, carrying debt and living in a tiny apartment. After seeing an advertisement for Military Saves, we decided to grab the reigns of our finances and implement a positive financial plan.

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On the Right Track to Build Wealth

Written by Super User | April 16, 2013

My name is Robina Wahl, and I am a military wife and a veteran. Although I am fairly new to the Military Saves Campaign, the message to “Build Wealth, Not Debt” reassured me that my husband and I were on the right track and doing the right things.

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