Military Spouse Appreciation Day is Around the Corner

May, National Military Appreciation Month, is a special time to honor and thank military members and their families for their selfless service to our country. This year, National Military Spouse Appreciation Day is Friday, May 11.

Military spouses are the silent heroes that take care of everything on the home front while their loved ones are on duty. One of the biggest responsibilities of a military spouse is to manage the family’s finances.

The first step to managing your money is creating a budget. Having a budget in place will ensure that you don’t overspend. You’re less likely to make impulsive buys if all of your money is accounted for according to the budget you’ve established.

It’s important to include the money you’ll deposit into your savings account in your budget. Your best bet is to make your savings automatic to ensure that you never miss a deposit.

Once you have a budget in place, start looking for other ways to save. While you shop, you can avoid overspending by leaving your credit or debit card at home and only use cash. You can also compare prices online before going into the store to make your purchase. This trick is especially useful when you’re looking to buy big ticket items like a new TV. Don’t be ashamed to bargain hunt, you’ll always feel better about spending less money on the items you need.

There are plenty of inexpensive things to do with your military family. If you have children, it’s important to keep them busy with fun activities. Military children deal with a unique set of challenges that other children don’t have to worry about, such as a parent’s deployment.

If you’re a service member looking to treat your spouse to something special, take advantage of all the great deals this month! Here’s a list of more than 250 military discounts available to you using your military ID. Lots of restaurants, museums, and more offer military discounts that you can take advantage of for date night.

Check with your installation to see if there are any exciting events taking place in honor of Military Spouse Appreciation Day!


Let Military Saves help you save money so you can feel confident about your finances. It all starts when you make a commitment to yourself to save. Take the first step today and take the Military Saves pledge to save money, reduce debt, and build wealth over time. And it doesn't stop there. Military Saves will keep you motivated with information, advice, tips, and reminders to help you reach your goal. Think of us as your own personal support system.

TAKE THE PLEDGE


What are you doing to celebrate #MilitarySpouseAppreciatonDay? v/@MilitarySaves >> https://bit.ly/2KHNRfI 


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Tip of the Day

  • Written by Guest Blogger | February 11, 2014

    #Save just 1% of your income this year and grow $250-$500 in savings by the end of the year depending on your salary: http://ow.ly/tvMwQ

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