Military Saves Blog


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

Make a Plan: Three Pieces of Advice....from the "Street Level"

Written by Super User · 06 February 2013

Make a Plan: Three Pieces of Advice...From the "Street Level"

By Rob Izzo, Business Operations Analyst, CIP
Navy Federal Credit Union

From my experience, saving money is not a topic spoken about at dinner parties or social gatherings.  In fact, the subject for some people is boring, awkward and, at times, intrusive.

Saving money is covered in many newspaper articles, financial magazines and television commentaries.  We are exposed to it every day of our lives.  So, with that in mind, I decided to take a "street level" approach to this article.  I interviewed people I knew who would feel comfortable speaking freely about saving money and who were at different life stages.  A real life examination, you could say.

I asked three different people at three different stages of life to provide me three pieces of advice for saving money.  What do they do to save money, if even a little bit at a time?  What is their approach?  Their answers and perspective might surprise you.  Here's what I discovered:

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Do You Have a Safety Net? Almost Half of Americans Don't

Debt Emergency Fund
Written by Super User · 05 February 2013

Do You Have a Safety Net?  Almost Half of Americans Don’t

February 5, 2013
By Lila Quintiliani, AFC®
Military Saves Assistant Coordinator
Communication & Outreach

The 2013 Assets and Opportunity Scorecard, a comprehensive look at Americans’ financial security, was released last week by the nonprofit Corporation for Federal Enterprise Development (CFED) and the results were pretty alarming.   Nearly half (44%) do not have an emergency fund.   Over 30% have no savings account at all.  And more than half (56.4%) of consumers have poor (subprime) credit, which means they won't qualify for advantageous interest rates, may pay more for insurance premiums, and could have a difficult time finding a job or renting an apartment.

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Everyone Can Take the Military Saves Pledge - Even if You Have Pledged Before!

Military Saves Pledge
Written by Super User · 01 February 2013


Everyone Can Take the Military Saves Pledge – Even if You Have Pledged Before!

February 1, 2013
By Andia Dinesen, AFC ®
Military Saves Coordinator

Yes, it is true.  This year Military Saves has added the ability to re-pledge.  You can now recommit to saving by take the Military Saves Pledge again; and with Military Saves Week around the corner there's no better time.

Taking the Military Saves Pledge has always been a part of the Military Saves Campaign.  Each year during Military Saves Week, the Department of Defense encourages servicemembers, their families, DoD employees and their families to take the pledge as a first step in their commitment to Build Wealth, Not Debt.  In the past, individuals could only pledge to save once.

Starting with Military Saves Week 2013, individuals can pledge or re-pledge.  Taking the Military Saves Pledge during Military Saves Week, February 25 – March 2, is a chance for individuals to assess their own saving status and take financial action. Studies reveal that having a savings plan with specific goals can have beneficial financial effects, regardless of income level.

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How Barriers Can Actually Help You Save More

Saving Spending
Written by Super User · 31 January 2013

By Philip Taylor
PT Money: Personal Finance,, Twitter @ptmoney

You would expect advice on barriers to saving to center around things that are preventing us from saving money and how to remove those barriers from our lives. But I want to flip this concept on its head, and suggest that there may be barriers that you can use that will actually encourage you to save more money in the long run.

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New Year's Saving Resolution #3: Save for Retirement

TSP 401K Retirement Savings
Written by Super User · 30 January 2013

New Year’s Saving Resolution #3: Save for Retirement

The following post comes from the America Saves Blog. Follow them on Twitter and Facebook.

January 30, 2013
By Katie Bryan, America Saves Communications Manager

Retirement savings is a top priority for many Savers. There are striking differences between the savings progress of those with and without a retirement savings plan. You fall into one of two groups: those that have made a saving plan for retirement and those that have not. 61% of Americans with a retirement plan said they were saving enough for retirement. For those who said they did not have a plan for retirement savings plan only 27% reported saving enough for retirement.

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Tip of the Day

  • Written by Guest Blogger | April 25, 2014

    Develop a long-term plan for financial readiness by creating financial goals and striving for milestones. Positive outcomes usually start with a goal and a vision.

Saver Stories View all »

How Smart Financial Decisions Can Create Opportunities 

Written by | November 22, 2019

Written by Stephen Ross, America Saves Program Coordinator | November 22, 2019

Of the many stories Military Saves shares, most describe how someone was in dire straits financially and worked their way out of it with the help of Military Saves. This time we want to highlight a different kind of story. This is a story about how responsible financial decisions can build on one another to create opportunities you thought only the super-rich enjoy.


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.


When You Start Small, Saving is Easy

Written by Lila Quintiliani | August 12, 2019

When Attiyya first got married, she and her Marine husband had just graduated from college and were focused on paying off student loan debt. They had both attended private schools and had sizeable loans. Then three months after the wedding, the couple found out they were pregnant with their first child.

The first year of their marriage, says Attiyya, was a balancing act between paying down debt and saving for the future.