Press Releases

2021

11 Financial Institutions, 17 Organizations Awarded for Encouraging Militaryand Veteran Community to Save - June 1, 2021
Over 450 Diverse Organizations Unite to Support the Financial Health and Success of Military and Veteran Communities - March 31, 2021

2020

Military Saves Inducted into DOD’s Military Spouse Employment Partnership - December 8, 2020
MILITARY SAVES WELCOMES 10 COMMUNITY LEADERS TO ITS INAUGURAL ADVISORY BOARD - November 10, 2020
PENFED DONATION WILL ENABLE MILITARY SAVES TO SIGNIFICANTLY EXPAND SERVICEMEMBER OUTREACH - October 27, 2020
Military Saves Announces New Partnership With The Yellow Ribbon Network That Will Financially Benefit Entire Military Community - July 29, 2020
10 FINANCIAL INSTITUTIONS, 20 MILITARY AFFILIATED ORGANIZATIONS AWARDED FOR ENCOURAGING MILITARY COMMUNITY TO SAVE - July 16, 2020
Over 220 Organizations Create a Joint Effort to Support Financial Capability for Military Families During Military Saves Month - April 1, 2020

2019

New Survey: Unexpected Expenses the Biggest Challenge Military Savers Face in Building a Nest Egg - December 16, 2019
Military Saves Announces Transition from Military Saves Week to Military Saves Month - June 3, 2019

2018

Ten Military Installations Recognized for Supporting Military Families to Save - June 12, 2018
37 Banks, Credit Unions and Military-Affiliated Organizations Awarded 2018 America Saves Designation of Savings Excellence - May 29, 2018
America Saves Announces George Barany as Director - April 3, 2018
More Than 1,550 Organizations Join Forces to Motivate Americans to Save During America Saves Week and Military Saves Week - February 26, 2018

2017

32 Banks and Credit Unions Receive America Saves Designation of Savings Excellence - June 5, 2017
Over Past Decade, Savings Habits Eroded, But Perceived Savings Outcomes Deteriorated Then Improved, According to Tenth Annual Savings Survey - February 27, 2017

2016

34 Banks and Credit Unions Receive America Saves Designation of Savings Excellence - May 16, 2016
Less Than Half of U.S. Households Report Good Savings Progress, According to Annual America Saves Week Survey - February 22, 2016

2015

Military Saves Best Bank Award - July 21, 2015
Military Saves Best Credit Union Award - July 21, 2015

2014

Military Saves Best Bank Award - July 8, 2014
Military Saves Best Credit Union Award - July 8, 2014
Veteran's Financial Coalition, New Coalition Forms to Serve Transitioning Vets’ Financial Needs - June 25, 2014

2013

Military Saves Awards Two Banks for Outstanding Participation in Military Saves Week 2013 - September 12, 2013
Military Saves, Partners to Kick Off First Military Consumer Protection Day July 17 - July 17, 2013

2011

Consumer Federation of America Names Andia Dinesen to Lead Military Saves Campaign - October 21, 2011

2009

Military Saves New Acting Director - May 21, 2009
The Department of the Army Supports Military Saves Week 2009 - January 28, 2009

2008

The Navy is Making Big Plans for Military Saves Week 2009 - November 25, 2008
Tough Economic Times Puts Savings Campaign in Spotlight - November 18, 2008
America Saves Releases Simple Ways to Tame Transportation Costs - July 15, 2008

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Saver Stories View all »

From Shopaholic to Saver

Many of us spend too much money on things we don’t need, but we don’t always know why. It’s easy to get a quick fix from retail therapy, but before we know it, our hard-earned money is gone. Oftentimes, when we engage in a “shopaholic” lifestyle or sporadic shopping sprees, we still experience feelings of emptiness, but to make it worse, we now have debt, too.

Khanmany was a shopaholic who turned everything around. She is active duty Navy and shares, “I was spending too much on things I didn't need. I was going shopping for no reason and was trying to fill a void. I was running up every credit card I owned to include Victoria's Secret, Military Star, Navy Federal, TJ Maxx, JCPenney, Macy's, USAA, and was only paying the minimum payments.”

How Smart Financial Decisions Can Create Opportunities

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.

Building a Six-Figure Savings While Enjoying Life

Does the idea of saving up hundreds of thousands of dollars seem impossible? How about doing it while still living an enjoyable lifestyle?

For military spouse Martina and her husband, an E-5 in the Navy, accumulating a six-figure savings has become a reality. One might think that in order to save this much, it would take a great deal of sacrificing and forgoing a certain quality of life, but Martina and her husband would disagree. “Over the past few years (about five), we've managed to save almost $120,000 while mostly living on one income. We've learned so much about easy ways to save money and live a good life,” shares Martina.