Military Saves Blog

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

Meet the 2017 Recipients of the America Saves Designation of Savings Excellence

Military Saves Week Military Banks Financial Institution Awards Military Credit Unions Designation of Savings Excellence
Written by Lani Poblete · 06 June 2017

Today, 32 banks and credits unions were awarded the America Saves Designation of Savings Excellence and eight financial institutions received honorable mentions.

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Five Money Moves to Make By Your First Duty Station

Debt Credit History Military Millennials Managing Credit Savings Goals
Written by Alecia Blair · 30 May 2017

By Alecia D. Blair, Military Saves Communications & Outreach Manager, AFC® Candidate, FINRA Foundation Fellow

As a new recruit after basic training, there's a lot to learn about your branch of the military, job or MOS (military occupation specialty), and first duty station. How well (and how quickly) you learn these skills can impact your military career.

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New Partner Packet on Military Millennials, Managing Debt/Credit

Written by Alecia Blair · 25 May 2017

Here are some numbers that might surprise you: Millennials now make up the largest generation—83.1 million "Generation Y" 18 to 34-year-olds are entering the workforce and joining our armed services. And millennials—21 to 34-year-olds—hold an estimated $1.1 trillion of the country's $3.6 trillion in consumer debt.

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Deploying? Review Your Finances

Emergency Fund Deployment Deployment Savings Deployment Finances
Written by Guest Blogger · 15 May 2017

By the USAA Educational Foundation

Deployment: It’s a basic fact of military life. It’s also one of the most challenging situations a military family can face. Lives and living situations change. Family routines are interrupted. Finances may be altered.

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The Tale of Two Rentals: How to compare your rental options during a PCS

PCS PCS Moves Renting BAH
Written by Guest Blogger · 03 May 2017

By Corrinne McKenna, AFC®

I’m often asked by my military clients, “should I buy or rent a home?” In many cases, renting is the best option due to inadequate savings funds to handle unforeseen home repairs, uncertainty about how long the home will be occupied and unwillingness to become a landlord or sell the home at a loss if a sudden PCS causes the service member to relocate.

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Tip of the Day

  • Written by Tammy G. Bruzon | January 26, 2017

    Get some much needed relief. Apply your #taxrefund to your outstanding #debt >> http://bit.ly/2jap85c @MilitarySaves

Saver Stories View all »

Meet Wacinque BeMende

Written by Super User | November 26, 2010

Meet Wacinque BeMende. He’s so passionate about encouraging savings and promoting financial literacy, he’s established his own Kid’s Savings Program. Wacinque donated $15,000 to the Community Action of Laramie County in Cheyenne Wyoming to begin the Wacinque “ Rhino” Fund Endowment to help kids open savings accounts.

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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).

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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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