Military Saves Announces Transition from Military Saves Week to Military Saves Month

For Immediate Release: June 3, 2019

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it., Military Saves
(202) 642-5247


Over 500 Installations, Organizations, Banks and Credit Unions Will Participate.

Washington, D.C. – MilitarySaves.org, a research-based program that uses the principles of behavioral economics and social marketing to motivate the military community to build wealth and reduce debt, is excited to announce that starting next year, the organization will be aligning its efforts with National Financial Capability Month. The new initiative, called Military Saves Month, will kick off April 1, 2020.

Military Saves, a component of America Saves coordinated by the non-profit Consumer Federation of America (CFA), encourages the entire military community to take the Military Saves Pledge and for organizations to promote a savings message year-round.

The Military Saves Pledge is a savings tool that can be the start of a personal savings plan. Since the launch of Military Saves, more than 300,000 individuals have taken the Pledge to save.

Military Saves Director Angela Caban emphasizes how much the transition to Military Saves Month will benefit both organizations and financial readiness in the military community. “This will give our partners more time to prepare, promote, and host their events, and will give installations more flexibility when it comes to scheduling financial readiness activities. It will also give Military Saves the opportunity to work more closely than ever with our participating organizations.”

Military Saves is committed to helping servicemembers and their families succeed financially. Organizations that work with military populations are encouraged to sign-up for updates, share the Military Saves message, and encourage everyone to take the Military Saves pledge or re-pledge at militarysaves.org/take-the-pledge. 

###

Military Saves, a component of America Saves, aims to motivate, support, and inspire military families to save money and build wealth. Military Saves encourages all servicemembers, their families, and civilian employees to take the Military Saves Pledge and for organizations to promote savings year-round and during Military Saves Month. Learn more at militarysaves.org.

Tip of the Day

  • Written by Guest Blogger | March 21, 2014

    Having emergency #savings may be the most important way to stay afloat financially. 5 Tips on how to start one: http://ow.ly/rswS2

Saver Stories View all »

From Shopaholic to Saver

Written by Jackie Toops | January 13, 2021

Many of us spend too much money on things we don’t need, but we don’t always know why. It’s easy to get a quick fix from retail therapy, but before we know it, our hard-earned money is gone. Oftentimes, when we engage in a “shopaholic” lifestyle or sporadic shopping sprees, we still experience feelings of emptiness, but to make it worse, we now have debt, too.

Khanmany was a shopaholic who turned everything around. She is active duty Navy and shares, “I was spending too much on things I didn't need. I was going shopping for no reason and was trying to fill a void. I was running up every credit card I owned to include Victoria's Secret, Military Star, Navy Federal, TJ Maxx, JCPenney, Macy's, USAA, and was only paying the minimum payments.”

Read more...

Making Saving Automatic Leads to Personal Success

Written by Lila Quintiliani | May 27, 2020

Ryan’s savings journey started when he was an active duty airman. Frequent deployments and temporary duty assignments gave him the opportunity to save. By the time he transitioned out of active duty, he had built up a healthy rainy-day fund and had started to aggressively save for retirement.

Read more...

Setting a Goal Leads to Success

Written by Super User | May 24, 2019

Growing up, Marisa’s dad had always talked about saving first, but she said she didn’t really internalize it until much later. “I was drifting along with no plan, carrying a little bit of revolving debt, saving some money here and there, but without a real plan for it.”

Read more...