Ten Military Installations Recognized for Supporting Military Families to Save

For Immediate Release: June 12, 2018

Contact: This email address is being protected from spambots. You need JavaScript enabled to view it., America Saves
(202) 939-1002


WASHINGTON —Military Saves announced today that it is recognizing 10 military installations as Savings Champions for their extraordinary efforts to motivate U.S. service members and their families to develop a savings habit during Military Saves Week. This is the first year the award is being presented.

“At a time when many military families have inadequate emergency and transition savings, these installations are going above and beyond to encourage the military community to save,” said Military Saves director Alecia Blair, AFC®. “Financial readiness is a key component of military readiness, and these military installations are ensuring preparedness by helping military families get in the habit of saving. Savings Champions don’t just tell people why it’s important to save, they help them do it.”

Savings outreach to service members is especially critical in 2018 because the U.S. Department of Defense rolled out its new Blended Retirement System (BRS) on January 1, 2018. Eligible service members must decide by the end of the year if they will remain in the legacy retirement system or enroll into the Blended Retirement System.

Savings Champions were selected based on the number of Military Saves Pledges each installation collected. The Military Saves Pledge was developed to guide service members and their families through creating a simple savings plans. Savers with a plan are twice as likely to save effectively.

More than 25,000 individuals completed the Military Saves Pledge during Military Saves Week 2018.

Military Saves, an initiative of America Saves, is a partner of the U.S. Department of Defense’s Financial Readiness Campaign. Military Saves coordinates Military Saves Week, an annual opportunity for military installations and military-affiliated organizations to promote good savings behavior and a chance for service members and their families to assess their saving status. Typically hundreds of organizations participate, reaching millions of people.

“With frequent moves and deployments, it can be especially difficult for military families to save effectively,” said Blair. “Thanks to the Savings Champions, service members and their families are better prepared to navigate the financial challenges of serving our country.” 

2018 Military Saves Week Savings Champions:

  1. Fort Leonard Wood, Mo.
  2. Fort Hood, Texas
  3. Little Rock Air Force Base, Ark.
  4. Grafenwoehr (Vilseck) U.S. Army Garrison, Germany
  5. Fort Bliss, Texas
  6. Marine Corps Air Station Iwakuni, Japan
  7. Marine Corps Base Camp Smedley D. Butler, Japan (Camps Foster, Kinser, Courtney, Hansen, Schwab, and Marine Corps Air Station Futenma)
  8. Ramstein Air Base, Germany
  9. Fort Jackson, S.C.
  10. Yokota Air Base, Japan

###

About America Saves
America Saves is a campaign managed by the nonprofit Consumer Federation of America that uses the principles of behavioral economics and social marketing to motivate, encourage, and support low- to moderate-income households to save money, reduce debt, and build wealth. America Saves encourages individuals and families to take the America Saves pledge and organizations to promote savings year-round and during America Saves Week. Learn more at americasaves.org and americasavesweek.org.

About Military Saves
Military Saves is an America Saves initiative and a partner in the U.S. Department of Defense’s Financial Readiness Campaign.  Using the principles of social marketing and behavioral economics to motivate, Military Saves is a research-based campaign to support, and encourage military families to save money and build wealth. Military Saves encourages all service members, their families, and civilian employees to take the Military Saves pledge and for organizations to promote savings year-round and during Military Saves Week. Learn more at militarysaves.org.

Take the Pledge

I pledge to save money, reduce debt, and build wealth over time. I will encourage my family and friends to do the same

Take the America Saves Pledge

Tip of the Day

  • Written by Administrator2 | January 7, 2014

    Second saving strategy: Save for emergencies http://ow.ly/sj3vP

Saver Tips and Stories View all »

Don’t Laugh at Saving Spare Change

Written by Guest Blogger | May 7, 2019

Virginia Saves saver, Brittany, decided to start saving again when she became a single mother. She thinks many women, and men, can relate.

Read more...

Budget like Nohemi

Written by Guest Blogger | April 19, 2019

Nohemi found out about America Saves a few years ago as an undergraduate at the University of Illinois at Chicago. She remembers attending a University of Illinois Saves event where she decorated a piggy bank and took the Pledge, but college life made her put the thought of saving at the back of her mind. Those thrifty thoughts resurfaced when she graduated with a degree in public health.

Read more...

Starting Over

Written by Katie Bryan | October 28, 2013

Until last summer, Michael Lindman spent money freely. “I was a union truck driver for 35 years and had a good income,” said Lindman. “I owned my own home, saved a little, and tried to live within my own budget. You always think there’s going to be that much coming in, but things can change in a split second.”

Read more...

Receive Updates

Take the Pledge

Written by Super User | September 16, 2013

Start Saving

Receive Texts

Written by Tammy G. Bruzon | July 15, 2014

Learn More

Partner News & Updates

Written by Katie Bryan | October 18, 2013

Sign Up