By Amanda Rodriguez, U.S. Army Installation Management Command
SAN ANTONIO -- Clink, clink, clink is the sound heard around U.S. Army Installation Management Command during Military Saves Week, Feb. 25 -- Mar. 2, as service members start filling piggy banks. Across military communities worldwide, service members will take The Saver Pledge and help themselves, their families and their country by saving money and reducing debt.
Military Saves is part of a national campaign, America Saves, designed to motivate and encourage families to commit to reducing debt and create a monthly savings plan.
Participation begins with taking The Saver Pledge at www.militarysaves.org: "I will help myself by saving money, reducing debt and building wealth over time. I will help my family and my country by encouraging other Americans to build wealth, not debt."
The intention is to promote communities of savers, according to IMCOM Military Saves coordinator Gale Johnson, Financial Readiness and Army Emergency Relief program manager.
"Our intent is for all garrisons to participate in Military Saves," Johnson said. "Last year, the Army had 9,388 who took the pledge and we're hoping for even more this year."
Johnson explained that wide spread participation and real change is helped by partnerships with local organizations.
"Many bases increase awareness and participation by partnering with Army Community Service centers, youth centers, installation banks/credit unions, AAFES, DECA, military finance office banking liaison officers, Marketing, PAOs and more," Johnson said. "We want to share the good news stories about financial information fairs, financial counseling and savings success that have been reported in previous years."
Military Saves Week is coordinated by America Saves and the Consumer Federation of America in partnership with the Department of Defense. It's an annual opportunity to promote good savings behavior and a chance for individuals to assess their own saving status, say organizers.
Learn more about Military Saves by visiting www.militarysaves.org or share your success story on the IMCOM Facebook page at http://www.facebook.com/InstallationManagementCommunity.