WASHINGTON (2/20/15)--There are many ways to support the servicemembers who sacrifice their lives for their country, and ensuring their financial well-being is one of them.
|Col. Michael A. Vogel, 66th Air Base Group commander, signs a Military Saves Week proclamation with Airman and Family Readiness Center staff. (U.S. Air Force Photo)|
Next week (Feb. 23-28) brings Military Saves Week, where organizations nationwide come together to promote healthy savings behavior among military members.
Dozens of credit unions, many related to the military, will participate in the weeklong event, though non-military credit unions have signed up as well.
Hanscom FCU, Hanscom Air Force Base, Mass., for example, will host savings-related workshops throughout the week, including sessions on getting organized, special savings programs, thrift savings plans and youth financial education.
"Military Saves Week is a great opportunity to promote good savings behavior and a chance for service members and their families in the Hanscom community to assess their own saving status," said Col. Michael A. Vogel, 66th Air Base Group commander.
Vantage West CU, Tucson, Ariz., also will hold hree workshops at Davis-Monthan Air Force Base. The workshops will focus on building a secure financial future and youth-oriented financial subjects.
"From the start, Vantage West has had a commitment to southern Arizona's military community, and facilitating these financial readiness workshops is an extension of that commitment," said Robert D. Ramirez, Vantage West president/CEO.
The Department of Defense Financial Readiness Campaign partnered with Military Saves to create Military Saves Week in 2007. The goal was to encourage servicemembers and their families to improve their financial situations.
Since its inception, more than 128,000 individuals have taken the Saver Pledge, a commitment to improve personal finances.