The Lessons of Military Saves Week and America Saves Week Continue

By Debbie Matz, NCUA Board Chairman 

America Saves Week and Military Saves Week was the perfect opportunity to take the pledge to save and take control of your financial future. But the lessons of America Saves Week and Military Saves Week continue throughout the year. 

In addition to taking the savings pledge, it is also important to set clear, obtainable savings goals. Remember to start off small, like saving for a computer or setting aside money for school. Be sure to track your progress and stay committed to achieving your goal. Remember, small savings victories add up over time. When you’ve met your goal, set another one and keep the savings habits alive. Each milestone will give you the confidence to set bigger goals like saving for a home or college. 

Nothing feels better, or makes the most impact on your financial future, than paying off debt. In many instances, the interest paid on any debt, like a credit card, is greater than any return on an investment. Start off small by paying the item with the smallest balance and then keep going. 

Finally, always remember the needs versus wants rule: Needs are absolute. Wants can wait. Have clear priorities on what you need to spend money on, like an outstanding debt or past-due account, versus what you want to spend money on, like that new car or TV. This will help you manage your finances, avoid over draft fees, and reduce your stress. 

Follow these simple rules and you can make a huge difference in your financial future. For helpful tips and information on how to get stted, visit  

Tip of the Day

  • Written by Katie Bryan | December 16, 2013

    Check out the guide from @CFPB that helps you to know which questions to ask when shopping for a financial advisor 

Saver Stories View all »

Money on the Side

Written by Super User | November 26, 2010

Camp Arifjan, Kuwait -- A colonel in the 1st Theater Sustainment Command has money on his mind.

Army Col. George Fields, the Chief of Intelligence, or G2, has been teaching a free "Managing Your Money" class here in his spare time. More than 400 students have attended his six week-long class to learn more about increasing their own finances.

"All I did was sit down and listen to a guy one day who showed me what he was doing" said the colonel as he explained how he became interested in what he calls, "becoming financially free."


One Sailor's Course to Financial Freedom

Written by Super User | November 26, 2010

We all know its not easy to get out of debt once you in over your head. But it can be done with the sound advice and support that the Military Saves program offers. I am a testament to that. I was a recently divorced, single mother. Like many people I had credit card debt, a car loan, bad credit, and a low income job that never seemed to be enough to put food on the table.

Then I decided I'd had enough of living paycheck to paycheck and worrying about money all the time.


A Plan for Success

Written by Super User | April 26, 2012

I’m Staff Sergeant Robert Zuniga and I have been an active duty Air Force medic for eight years. I plan on staying in long enough so that I can retire at 20 years. I have always been interested in personal finance and would like to share how it IS possible for me and my stay-at-home wife and two kids to not only save and invest a ton of money but also have a lot of responsible fun as well on 'low' enlisted pay. You CAN do it too!

First off, we write down our goals and separate wants from needs.