Military Saves Week is a perfect opportunity for servicemembers and their families to take a look at their financial health and find ways to increase their savings and build wealth.
As a supporter of Military Saves Week, NCUA encourages all those who serve our country to begin the process of improving their own financial futures by setting clear and obtainable savings goals.
With easy to use tools, and quick tips on how to start the journey to a better financial future, credit unions and NCUA work hand-in-hand to improve the financial well-being of those who serve our country.
Video Courtesy: United States Armed Forces Radio and Television Service - American Forces Network (AFN)
Are You a Member of a Credit Union?
During this special week, credit unions will encourage their servicemembers to make smart saving decisions by:
- Encouraging their members to pledge to save
- Offering savings products with special rates or incentives
Hosting free financial education seminars on savings
Providing free financial counseling services
Offering incentives to make a deposit into a savings account
Promoting emergency savings accounts or club accounts for saving
Remember to contact your local credit union to ask if they are participating in Military Saves Week.
Ready to Start Saving? Here are 3 Easy Steps to Get You Started.
Set a Goal. What do you want to save for?
(School, car, home, paying off debt)
Make a Plan. How much do you need to save? How long
will it take you? Contact your local credit union. Many offer
free financial counseling to help develop a plan.
Save Automatically. Talk to your credit union about setting
up automatic transfers into your savings account. Many
employers also offer ways to have your pay automatically
deposited into a savings account.
Take the Pledge to Save!
Once you have a plan together, commit to your goal by taking the pledge to save.
For more information on Military Saves Week and more ways to make better financial decisions, visit http://www.militarysaves.org.