Brody Lockwood - Like a typical fledgling, I started down the track of financial indebtedness. Nineteen years old and nothing to lose. Credit - who need it? Savings - that was for older people with responsibility. Debt - my parents were in debt ergo it must be OK. When I was eligible for reenlistment, I reenlisted for a multiple of 3 worth $15K. I was happy to pay off my debt, but would I be able to stay out of debt?

Finally, a Senior NCO sat me down and taught me about mutual funds, debt reduction, and how to be financially responsible, He taught me how to live within my means and still have fun as a young "responsible" adult. I am now that Senior NCO, reteaching the same financial ethics that my teacher taught me. I am a Command Financial Specialist for my battalion. I praise the Savings Deposit Program and the Thrift Savings Plan. 

Financially, I am sound. I have no worries in the world. I got started young and invested early. Now I am able to save for my daughter's education in 529 plans all while saving form my own retirement. I wish that others, especially younger service members, could see through my eyes. Learn what I have learned. I thought about where I wanted to be in retirement and I worked my way backwards developing a financial plan. I opened my first mutual fund at age 21 and slowly acquired one after another.

I have suffered through two economic down-turns but I remain resilient and stay invested weathering out the storm. By not allowing myself to time the market and implementing dollar-cost-averaging, my portfolio has responded nicely over time. A day in the market measures your fortitude; a lifetime of investing measures your willingness to be great.

Gunnery Sergeant Robert E. Lockwood II


We want to brag about you! If you have a story to tell about your organization's Military Saves activities, please contact us.

Tell us about:

  • How you got the campaign going in your unit or other organization
  • What you've done to involve children and other family members
  • How much money your members have saved since getting involved in Military Saves
  • Particular individuals and families whose lives have improved because of saving money, or
  • Whatever you're especially proud of and want the rest of the military community to know about!

Tip of the Day

  • Start an emergency fund by saving $10/week or $40/month to save $500 by the end of the year http://ow.ly/rswS2

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Saver Stories View all »

One That Almost Got Away

Brody Lockwood - Like a typical fledgling, I started down the track of financial indebtedness. Nineteen years old and nothing to lose. Credit - who need it? Savings - that was for older people with responsibility. Debt - my parents were in debt ergo it must be OK. When I was eligible for reenlistment, I reenlisted for a multiple of 3 worth $15K. I was happy to pay off my debt, but would I be able to stay out of debt?

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Naval Battalion's Effort Yields Team Success

Construction Battalion Five, DETAIL CHINHAE would like to share our campaign success story with you!

Currently we have 23 members on our Det, (all of whom have registered with militarysaves) and out of them 16 are planning for retirement by saving and investing money in the Federal Thrift Savings Plan.

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Savers Pledge Leads to Savings Success

My name is Rob and I am a Staff Sergeant in the Marine Corps Reserve. My financial success is a huge result of the Military Saves Campaign.

My journey began five years ago after marrying my wife, Lisa. We entered our marriage with no savings plan in sight, carrying debt and living in a tiny apartment. After seeing an advertisement for Military Saves, we decided to grab the reigns of our finances and implement a positive financial plan.

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