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Video Courtesy: United States Armed Forces Radio and Television Service - American Forces Network (AFN)

April is Military Saves Month

Military Saves Month is a time-honored event; a national opportunity for organizations to work together within their communities to transform the lives of millions of Americans.

During Military Saves Month, the NCUA encourages servicemembers to set financial goals to save money, reduce debt, and build wealth.

Partner with a Credit Union

During this special month, credit unions will encourage their servicemembers to make smart saving decisions by:

  • Encouraging their members to pledge to save (You will be leaving NCUA.gov and accessing a non-NCUA website. We encourage you to read the NCUA's exit link policies. (opens new page).)
  • Offering savings products with special rates or incentives
  • Hosting free financial education seminars on savings
  • Providing free financial counseling services
  • Offering incentives to make a deposit into a savings account
  • Promoting emergency savings accounts or club accounts for saving

Remember to contact your local credit union to ask if they are participating in Military Saves Month.

Take the Pledge!

Once you have a plan together, commit to your goal by taking the pledge to save.

For more information about Military Saves Month and more ways to make better financial decisions, visit www.militarysaves.org (You will be leaving NCUA.gov and accessing a non-NCUA website. We encourage you to read the NCUA's exit link policies. (opens new page).) .

Pledge to Save (You will be leaving NCUA.gov and accessing a non-NCUA website. We encourage you to read the NCUA's exit link policies. (opens new page).)

Ready to Start Saving? Here are 3 Easy Steps to Get You Started:

Set a Goal. What do you want to save for? (School, car, home, paying off debt).

Make a Plan. How much do you need to save? How long will it take you? Contact your local credit union. Many offer free financial counseling to help develop a plan.

Save Automatically. Talk to your credit union about setting up automatic transfers into  your savings account. Many employers also offer ways to have your pay automatically  deposited into a savings account.

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