The Department of Defense has designated February 21 through February 28, 2010 as Military Saves Week. Military Saves is a year-round social marketing campaign designed to change cultural attitudes and behavioral standards concerning saving money. It is part of a national campaign called America Saves, sponsored by the Consumer Federation of America (CFA), which works through community coalitions to persuade and encourage people to avoid debt and build wealth through saving.
DOD has teamed up with the Consumer Federation of America (CFA) to provide tools, resources and financial counseling to service members through their website. In addition, Army Family and Morale, Welfare and Recreation (FMWRC) sponsors a month-long media campaign encouraging Soldiers and their Families to participate, and special events through the Better Opportunity for Single Soldiers network to encourage single Soldiers to be more fiscally responsible.
Commanders and senior enlisted leadership are encouraged to place an emphasis on the Military Saves campaign before and during Military Saves Week. Commanders are urged to appoint a representative installations or commands to engage the local public affairs office and on-post financial institutions to make special savings training and programs available to Soldiers.
Saving money is within the capability of every Soldier, and doing so protects them and their families in peacetime and during times of conflict. Programs like the Thrift Savings Plan and Savings Deposit Program make it easy for Soldiers to save, once they know where to go for help and how important it is to them and their families.
Visit http://www.militarysaves.org/ to learn more about how you can begin to “Build your Wealth and Not Debt.”
Have any good money saving tips? Leave them in our comments section.
