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.

It began with taking the Military Saves' "Savers Pledge". Military Saves encouraged positive financial behavior regarding saving, eliminating debt, living within our means and retirement goals. The Military Saves website listed important statistics regarding average households carrying $8,000 worth of credit card debt, foreclosures doubling within the past decade and numerous negative spending habits. Our eyes widened with each statistic so we vowed to live by our "Saver’s Pledge".

What helped most was focusing on (1) our current goal of becoming homeowners, (2) the solution of being debt free, and (3) our future goals of having retirement money set aside.

In addition to Military Saves, we attended financial readiness seminars on base and frequented the library in search of finance books geared towards our quest for financial freedom. Spending less and working a few more hours helped tremendously! We also chose to save a good portion of our income – half! Shopping at the commissary was crucial because prices are based on the national average, saving us hundreds of dollars at the end of the year. That extra year-end savings helped us to fully fund Roth IRAs. And of course, we clipped coupons! On average coupons save us $60 per month.

Within a few months our car was paid off and we were completely debt free! To make sure we avoid debt, we set aside six months of living expenses in an emergency fund.

During my deployment to Afghanistan - in support of Operation Enduring Freedom - we accelerated our savings by signing up for the Savings Deposit Program, which earned 10% interest. Another important program is the Thrift Savings Plan. Currently I am contributing 50% of my basic pay towards retirement. With the click of a mouse through MyPay, I can change my contribution elections easily.

During our financial endeavor, we have saved enough money to purchase our first home, eliminate all debt and fully fund our retirement accounts while continuously saving a portion of our income. Building wealth has truly turned into our way of life. It's not just a theory, we're living it.

Seeing how much we have accomplished financially in such a short period of time ignites a spark within us to help others. Together we speak with service members regarding the importance of building wealth and eliminating debt. My wife is the 2010 Recipient of FINRAs Military Spouse Fellowship Program. She volunteers her time as a Client Services Representative helping service members, along with wounded warriors, who are facing financial hardships and require immediate financial assistance. She also volunteers her time at a public school teaching basic financial principles.

Everyone should know they are closer than they think when it comes to achieving their financial goals. Military Saves is a great source of that information!

Tip of the Day

  • 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

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 »

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.


Money on the Side

Camp Arifjan, Kuwait -- A colonel in the 1st Theater Sustainment Command has money on his mind.

Army Col. George Fields, the Chief of Intelligence, or G2, has been teaching a free "Managing Your Money" class here in his spare time. More than 400 students have attended his six week-long class to learn more about increasing their own finances.

"All I did was sit down and listen to a guy one day who showed me what he was doing" said the colonel as he explained how he became interested in what he calls, "becoming financially free."


One That Almost Got Away

Brody Lockwood - Like a typical fledgling, I started down the track of financial indebtedness. Nineteen years old and nothing to lose. Credit - who need it? Savings - that was for older people with responsibility. Debt - my parents were in debt ergo it must be OK. When I was eligible for reenlistment, I reenlisted for a multiple of 3 worth $15K. I was happy to pay off my debt, but would I be able to stay out of debt?