Here’s one thing we know: the military community takes great pride in taking care of its people. Since 2020, we’ve all experienced some significant setbacks. Currently, many Americans — including military families and Veterans — are focused on recovering from the economic effects of the pandemic.
If you’re wondering how to increase your financial resilience, Military Saves might be the motivating factor you need to take small actions to improve your financial health.
What Is Military Saves?
Military Saves, a component of America Saves, and a participant in the Department of Defense Financial Readiness Network, seeks to motivate, support, and encourage the entire military community to save money, reduce debt, and build wealth.
Resources include the Military Saves Pledge. Those who make a plan are twice as likely to save successfully, and those who take the pledge will receive tips, reminders, and resources to encourage you along the way.
Military Saves Month
Military Saves Month is a national campaign that occurs annually throughout the month of April. During this time, thousands of organizations join together with Military Saves to encourage the military community to focus on their individual financial wellness. This year’s theme is Building Financial Resilience.
Each week of Military Saves Month focuses on one of five critical areas of financial wellness:
Week One: Save Automatically | Friday, April 1, 2022
Week Two: Save for the Unexpected | April 4-8, 2022
Week Three: Save for Retirement | April 11-15, 2022
Week Four: Save by Reducing Debt | April 18-22, 2022
Week Five: Save as a Family | April 25-29, 2022
AAFMAA is proud to participate in Military Saves Month and we hope that our Members find value as we feature topics such as how to save money, reduce debt, and build wealth during the month of April.
Ready to get started? Here are a few resources to assist with your savings journey: