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10 FINANCIAL INSTITUTIONS, 20 MILITARY AFFILIATED ORGANIZATIONS AWARDED FOR ENCOURAGING MILITARY COMMUNITY TO SAVE
Military Saves announced today that four banks and six credit unions have been awarded the Military Saves Designation of Savings Excellence for their extraordinary efforts to motivate their communities to build personal savings during Military Saves Month 2020. Now in its seventh year, the award is presented annually to banking institutions that succeed in getting people to open or add to wealth-building accounts.
3 Benefits Every Veteran Should Know About
Veterans have earned benefits that honor them for their service. Some of these benefits include free tax preparation services and burial services. These benefits are a thank you to retired service members for their years of dedicated service. Here are three benefits every veteran should know about than can help them and their families save on expenses.
https://ms.scandiastaging.com/resource-center/insights/3-benefits-every-veteran-should-know-about/
4 Things Veterans and Service Members Need to Know When Buying a Home
As you think about your finances during Military Saves Week, buying a home may be one of the goals on your mind.
5 Holiday Mistakes That Could Cost You
The holidays are just around the corner, which means it’s time to enjoy vacations, catch up with family and friends, and eat great food. While the holidays are about quality time and making memories, it’s easy to get caught up with spending money. Here are five holiday mistakes to avoid this year so you can enjoy the season with your finances intact:
https://ms.scandiastaging.com/resource-center/insights/5-holiday-mistakes-that-could-cost-you/
5 Money Concepts to Practice in the Military
By Lacey Langford, AFC
https://ms.scandiastaging.com/resource-center/insights/5-money-concepts-to-practice-in-the-military/
5 Quick Tips for Credit Awareness Month
October is Credit Awareness Month, and it’s the perfect time to take stock of your own personal financial situation. Before you shop on Black Friday or Cyber Monday, it is a good idea to assess your financial health and see whether your spending plan is still on track to get you to your savings goals.
https://ms.scandiastaging.com/resource-center/insights/5-quick-tips-for-credit-awareness-month/
5 Things to Ask Yourself Before You Spend Your Stimulus Check
For years, has been advocating that savers should have a plan for their money. The stimulus check (technically called the Economic Impact Payment) that many Americans are receiving right now is no different. But these are turbulent times, and we are in uncharted waters. Before you make any decisions about spending, you should consider these points.
About Us
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.
Are Vampire Costs Sucking Your Bank Account Dry?
I didn’t notice the charge at first. It was a small amount, and it didn’t trigger my credit card alert, which I have set to email me a notification when a charge over a certain amount posts. Eventually, though, I was looking over our credit card statement, and something didn’t look right. I finally figured it out – my husband had signed up for a subscription to an online magazine a few months back and had forgotten to cancel it.
For savers
3 Benefits Every Veteran Should Know About
Veterans have earned benefits that honor them for their service. Some of these benefits include free tax preparation services and burial services. These benefits are a thank you to retired service members for their years of dedicated service. Here are three benefits every veteran should know about than can help them and their families save on expenses.
https://ms.scandiastaging.com/resource-center/insights/3-benefits-every-veteran-should-know-about/
4 Things Veterans and Service Members Need to Know When Buying a Home
As you think about your finances during Military Saves Week, buying a home may be one of the goals on your mind.
5 Holiday Mistakes That Could Cost You
The holidays are just around the corner, which means it’s time to enjoy vacations, catch up with family and friends, and eat great food. While the holidays are about quality time and making memories, it’s easy to get caught up with spending money. Here are five holiday mistakes to avoid this year so you can enjoy the season with your finances intact:
https://ms.scandiastaging.com/resource-center/insights/5-holiday-mistakes-that-could-cost-you/
5 Money Concepts to Practice in the Military
By Lacey Langford, AFC
https://ms.scandiastaging.com/resource-center/insights/5-money-concepts-to-practice-in-the-military/
5 Quick Tips for Credit Awareness Month
October is Credit Awareness Month, and it’s the perfect time to take stock of your own personal financial situation. Before you shop on Black Friday or Cyber Monday, it is a good idea to assess your financial health and see whether your spending plan is still on track to get you to your savings goals.
https://ms.scandiastaging.com/resource-center/insights/5-quick-tips-for-credit-awareness-month/
5 Things to Ask Yourself Before You Spend Your Stimulus Check
For years, has been advocating that savers should have a plan for their money. The stimulus check (technically called the Economic Impact Payment) that many Americans are receiving right now is no different. But these are turbulent times, and we are in uncharted waters. Before you make any decisions about spending, you should consider these points.
Are Vampire Costs Sucking Your Bank Account Dry?
I didn’t notice the charge at first. It was a small amount, and it didn’t trigger my credit card alert, which I have set to email me a notification when a charge over a certain amount posts. Eventually, though, I was looking over our credit card statement, and something didn’t look right. I finally figured it out – my husband had signed up for a subscription to an online magazine a few months back and had forgotten to cancel it.
Big changes coming to TSP Fund Lineup. Do you have the best fund for your situation?
The 1.3 million Uniformed Services participants in the Thrift Savings Plan (TSP) are about to get more choices when it comes to investing their money. Starting July 1, 2020, there will be a total of ten Lifecycle Funds, bringing the number of fund choices up to 15.
Bridging the Gap: Turning your Savings Goal into a Reality
When it comes to savings, there are three undeniable truths.
For organizations
Financial Capability Month
April is National Financial Capability Month when the Financial Literacy and Education Commission (FLEC) and the Ready Campaign encourage people to improve their financial futures and to be prepared when disaster strikes. This resource packet focusses on actions you can take now to make sure you are ready for any financial disaster, big or small.
https://ms.scandiastaging.com/resource-center/partner-resource-packets/financial-capability-month/
Money and Moving: Avoid a PCS Financial Fiasco
Spring is in the air and in the military community that means one thing: thousands of families across the globe have just received orders and are getting ready to move to a new duty station. Being financially prepared for a move is just as important as hand carrying important paperwork and having good movers.
Partner Resource Packet: Saving For An Emergency
Although you can’t know when an emergency will arise, one thing you can count on is that they WILL happen. Often when you least expect it. That’s why Military Saves wants our Savers to be prepared by saving for the unexpected. This month’s resource packet is filled with valuable information and helpful tools to aid your audience in everything from budgeting, to “finding” the money, and stats that reinforce why saving for emergencies is so critically important, especially to military families. Share this information with your audience so they can set a goal and make a plan to be prepared for life’s unexpected moments.
Saving for College and Paying off Student Loans
Whether you’re going back to school shopping, saving for college, or paying off a student loan, education can be an expensive part of your family’s budget. Military Saves is here to keep you on track when it comes to saving for education or paying off student loan debt. Here are blogs, social media posts, and resources on the topic. Feel free to share with your constituents.
General
10 FINANCIAL INSTITUTIONS, 20 MILITARY AFFILIATED ORGANIZATIONS AWARDED FOR ENCOURAGING MILITARY COMMUNITY TO SAVE
Military Saves announced today that four banks and six credit unions have been awarded the Military Saves Designation of Savings Excellence for their extraordinary efforts to motivate their communities to build personal savings during Military Saves Month 2020. Now in its seventh year, the award is presented annually to banking institutions that succeed in getting people to open or add to wealth-building accounts.
About Us
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.
Life After Retirement: Will You Have Enough?
This month we are highlighting a partner resource. MyArmyBenefits is the U.S. Army’s official benefits website and is geared toward all components: Active, Guard, and Reserve.
https://ms.scandiastaging.com/for-organizations/partners/life-after-retirement-will-you-have-enough/
Make a Plan: How to Save
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, 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'll see the money you're setting aside grow.
https://ms.scandiastaging.com/what-to-save-for/make-a-plan-how-to-save/
Military Saves Announces Transition from Military Saves Week to Military Saves Month
MilitarySaves.org, a research-based program that uses the principles of behavioral economics and social marketing to motivate the military community to build wealth and reduce debt, is excited to announce that starting next year, the organization will be aligning its efforts with National Financial Capability Month. The new initiative, called Military Saves Month, will kick off April 1, 2020.