Military Saves Week
Service members -- along with their spouses and children -- will be challenged to take a pledge to save money in their at-home budgets during Military Saves Week, which begins Feb. 24.

FORT JACKSON, S.C. -- Military Saves Week has been part of the Department of Defense's Financial Readiness Campaign and since 2003. Military Saves Week is a social marketing campaign to persuade, motivate and encourage military families to save money every month, and to convince leaders and organizations to be aggressive in promoting automatic savings.

Military Saves is a part of America Saves, the larger nationwide campaign for all Americans. Military Saves encourages all service members, their families and civilian employees to take the Military Saves pledge.

Savers who take the pledge can opt to receive a monthly e-newsletter from Military Saves, as well as a quarterly e-newsletter from America Saves. Military Saves also works with credit unions, military banks and other nonprofit organizations to promote savings and debt reduction.

Saving money, reducing debt and building wealth are all worthy goals to improve your financial life. It all starts when you set a goal and make a plan to reach that goal. So what is your goal? Set up an emergency cash fund? Get out of debt? Make a down payment on a car or home? Save money for college or retirement?

Military Saves can help you develop your goals and take action. The campaign website provides savings guidance, tools, resources and plenty of motivation. When you take the Military Saves Pledge at www.militarysaves.org, you'll receive the following benefits:

-- Receive the monthly Military Saves e-newsletter with savings advice from national experts.

-- Receive the quarterly American Saver newsletter.

-- Connect with Military Saves on Facebook and Twitter.

GETTING STARTED

When it comes to saving money, the sooner you start, the better. It's not an act that's accomplished overnight, but a process that happens gradually and grows over time. Just remember, start small and think big.

Making ends meet can be a challenge. And in today's tough economy, you may wonder how it's possible to spare anything. But any amount saved -- a quarter, a dollar -- is progress. Those quarters and dollars add up. As you get into the habit of routinely "paying into your savings" you will see the money you're setting aside grow.

As part of Military Saves Week, the Fort Jackson Financial Readiness Program will sponsor the following events:

-- Feb. 24, from 11 a.m. to 1 p.m.: Military Saves display at the Main Exchange.

-- Feb. 24, from 11:30 a.m. to 1 p.m.: Investment seminar at the 81st Regional Support Command auditorium, located at the intersection of Marion Avenue and Wildcat Drive. Col. James Houston, DENTAC commander will be the special guest. The investment seminar will cover investment vehicles and the investing pyramid. Focus will also be given on no loads, back loads and fees as well as DRIPs. Feel free to bring your lunch.

-- On Feb. 26 and Feb. 27 from 8 a.m. to 10 a.m., Financial Readiness Program personnel will be talking to students in both the pre-school and Strong Beginnings programs at the Fort Jackson child development centers about saving money.

For more information regarding Military Saves Week or to RSVP for the seminar, call Fort Jackson Army Community Services at (803) 751-5256.

Page last updated Mon February 24th, 2014 at 00:00