Credit Awareness Month 2019

October is Credit Awareness Month and it’s the perfect time to take stock of your own personal financial situation. Before you shop on Black Friday or Cyber Monday, it is a good idea to assess your financial health and see whether your spending plan is still on track to get you to your savings goals.

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Social Media

#Military: Did you know that beginning 10/31 you are eligible for FREE #Credit Monitoring from all 3 credit bureaus? Learn more by visiting: http://bit.ly/2os3Ac5



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October is Credit Awareness Month! Ever wonder how exactly your credit score is calculated? Here’s some insight for you: http://bit.ly/2nPCoDH

“There’s no one right way to pay off debt.” Some people like to pay off the smallest debt first and others people pay off the debt with the highest interest rate first. Find this and other tips for for ‘Getting Out of Debt’ here: http://bit.ly/2opwhq1


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What was the last time you looked at your credit report?
It’s not enough to know your FICO Score! By checking your credit report, you can ensure the information being reported is accurate.


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New Blog Posts:

5 Quick Tips for Credit Awareness Month

Tips for Getting out of Debt Blog

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Partner Resources:

Office of Financial Readiness - Consumer Credit Guide for Members of the Armed Forces

Office of Financial Readiness - Your Credit Score Matters

Saveandinvest.org - Dig Yourself out of Debt

Saveandinvest.org - Control Your Credit

MilitaryConsumer.gov - Being Smart About Using Credit Cards

Improving Your Credit

CFPB - Military Lending Act

CFPB - Servicemembers Civil Relief Act

Military OneSource Getting Out of Debt, a Step by Step Guide

Powerpay.org - Helping Debtors Become Savers

Free Annual Credit Report

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Events:

#SaveAutomatically Twitter Chat
Tuesday, October 29, 2019 at 2pm Eastern

The easiest and most successful way to save is to SAVE AUTOMATICALLY. Join us in a #SaveAutomatically Twitter Chat! During this chat we’ll encourage individuals to save and share how to #ThinkLikeASaver by setting a goal and making a plan.

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From the Archives:

Do You Really Know the Score?

5 Ways to Capitalize on Your Credit CArds

Understanding Your Credit Profile Can Improve Your Financial Health

Tip of the Day

  • Written by Katie Bryan | November 29, 2013

    Transferring #money from #checking to #savings is the fastest way to #save $500 - $1,000 >> MilitarySaves.org/500

Saver Stories View all »

Building a Six-Figure Savings While Enjoying Life

Written by Jackie Toops | November 13, 2020

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.

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Setting a Goal Leads to Success

Written by Super User | May 24, 2019

Growing up, Marisa’s dad had always talked about saving first, but she said she didn’t really internalize it until much later. “I was drifting along with no plan, carrying a little bit of revolving debt, saving some money here and there, but without a real plan for it.”

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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.

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