Grab a Wingman to Help You Save and Stay Resilient During Tough Financial Times

March 7, 2013
By The Wingman Project

There are a lot of things we can do to set and meet our goals for savings on an individual level. From paying off debts and automating savings deposits to opening an emergency fund and setting money aside for retirement, the possibilities for savings success are endless.

Unfortunately, it's easy to put off the task of saving money, and the thought may seem daunting if you're just starting out. Having a Wingman by your side who keeps you on track can make meeting your financial goals much more realistic and less daunting than going at it on your own.

A Wingman can be anyone—a significant other or spouse, a close friend, a relative, or even a colleague from your unit. Find someone you trust, and someone you know will be there to help you stick to your goals.

Set goals together
Sit down with your Wingman and work through a list of goals you'd both like to meet, including specific details, timelines, milestones and your means of meeting those goals. If you're working as a couple, consider setting goals both individually and for the two of you to work toward together.

Keep each other accountable
When setting a goal by yourself, it's easy to cut yourself some slack and fall behind on meeting your goals. Having a Wingman around is a great way to keep yourself accountable, especially if he or she is striving to reach similar goals as you. Check in with one another routinely to assess your progress; you can talk about victories, setbacks, or even new insights you've discovered about saving money as you go.

Help each other through financially stressful times
Even if you and your Wingman stick to your goals and stay persistent in your efforts to keep saving money, the unexpected is almost always bound to happen. Medical emergencies, automobile issues, home repair or even holiday shopping can quickly deflate funds and leave anyone in a rut.

If your Wingman ever comes up against troubling financial times, stay supportive and make sure you're there to lend an ear to listen. Because financial problems can lead to emotional stress, and are even a leading risk factor for suicide, it's important that you stand by your Wingman and offer him or her the emotional support they need to make it through tough times.

This amount of support is the backbone of being a good Wingman—and if you stand by your Wingman during their tough times, they'll know to be there for you if you ever come up against the same.

To learn more about how to be a good Wingman, visit the Wingman Project website.

Saving is easier when you have a “Wingman” or an accountability buddy by your side.  Take the Military Saves Pledge and then visit for more savings tips and information.

Tip of the Day

  • Written by Guest Blogger | September 30, 2014

    Participate in the Thrift Savings Plan (TSP) - a retirement savings and investment plan for Federal employees and members of the Uniformed Services. It offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. More info at

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