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Video Courtesy: United States Armed Forces Radio and Television Service - American Forces Network (AFN)
Military Saves Month April 2020
Military Saves Month a time-honored event; a national opportunity for organizations to work together within their communities to transform the lives of millions of Americans.
Saving during uncertain times can be even more daunting, however there are many resources for military families to still reach financial goals.
Military Saves Month 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 Month, NCUA encourages all those who serve our country to begin the process of improving their own financial futures by setting clear and attainable savings goals.
Are You a Member of a Credit Union?
During this special month, credit unions will encourage their servicemembers to make smart saving decisions by:
- Encouraging their members to pledge to save (opens new window)
- 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 Month.
Take the Pledge!
Once you have a plan together, commit to your goal by taking the pledge to save.
For more information about Military Saves Month and more ways to make better financial decisions, visit www.militarysaves.org (opens new window).
Pledge to Save (opens new window)
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.