Finding Money to Save

If you’re looking to get started on saving, here are some easy ways to build your wealth every day. Be sure to check out our other resources to help you build your way towards your financial goals.

Tip

Monthly Savings

 

Yearly Savings
Save $.50 a day in loose change $15   $180
Cut soda/pop consumption by 1 liter a week $6   $72
At work, substitute 1 coffee for 1 cappuccino $40   $480
Bring lunch to work (saving estimated $5/day) $100   $1200
Eat out 2 fewer times a month $30   $360
Borrow, rather than buying, one book a month $15   $180
Comparison shop for gas (save est. $.25/gallon) $4   $48
Maintain checking account minimum to avoid fees $7   $84
Bounce one less check a month $30   $360
Pay credit card bill on time to avoid late fee $25   $300
Pay off $1000 of credit card debt, reducing interest $15   $180

Back to For Savers

Tip of the Day

  • Check out the #savings checklist tool containing 15 “savings accomplishments” to assess your savings effectiveness: https://bit.ly/2fdv5O2

Pledge to Save

I pledge to save money, reduce debt, and build wealth over time. I will encourage my family and friends to do the same. 

Pledge to Save

Saver Stories View all »

One Sailor's Course to Financial Freedom

We all know its not easy to get out of debt once you in over your head. But it can be done with the sound advice and support that the Military Saves program offers. I am a testament to that. I was a recently divorced, single mother. Like many people I had credit card debt, a car loan, bad credit, and a low income job that never seemed to be enough to put food on the table.

Then I decided I'd had enough of living paycheck to paycheck and worrying about money all the time.

Read more...

A Plan for Success

I’m Staff Sergeant Robert Zuniga and I have been an active duty Air Force medic for eight years. I plan on staying in long enough so that I can retire at 20 years. I have always been interested in personal finance and would like to share how it IS possible for me and my stay-at-home wife and two kids to not only save and invest a ton of money but also have a lot of responsible fun as well on 'low' enlisted pay. You CAN do it too!

First off, we write down our goals and separate wants from needs.

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Airman Succeeds Through Dedication to Building Wealth Not Debt

I came into the Air Force at 23 years old in 1993 with about 12 outstanding bills (hospital bills, car loan, car insurance, school loans, credit cards, etc.). You name it, I had the bill. Thanks to the Family Support Center, Dave Ramsey's Financial Peace University, and many other sources, I now have no outstanding bills.

Read more...