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Tips, advice, and the latest news from the savings world.

Celebrate Month of the Military Child by Teaching Your Child the Value of Saving!

Young Savers
Written by April Crews · 24 April 2014

Many know that April is Financial Literacy Month, but did you know that it is also the month of the military child? That’s right! In 1986, then Secretary of Defense Caspar W. Weinberger designated each April as “The Month of the Military Child”. There are celebrations honoring the children of servicemembers. Won’t you honor your child by investing in his or her future and teach the value of saving and responsible spending? Here’s a few ways to introduce your child to money management this month:

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NCUA’s Adventure Game “Hit The Road” Helps Young People Learn Money Skills

Young Savers
Written by Guest Blogger · 23 April 2014

By Debbie Matz, NCUA Board Chairman

National Financial Literacy Month is coming to a close, but there are a lot of resources available to help young consumers become more educated about money. Promoting financial literacy is a year-round commitment for the National Credit Union Administration, and the agency offers many free financial literacy and education tools through its consumer protection website MyCreditUnion.gov and the financial literacy microsite Pocket Cents, which is dedicated to helping youth, tweens and teens, young adults, parents and educators, families, seniors, and servicemembers learn how to make smarter financial decisions.

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Is your child a victim of identity theft? Is your child a victim of identity theft? We’re serious.

Youth Identity Theft
Written by Guest Blogger · 22 April 2014

by Carol Kando-Pineda, Attorney, Federal Trade Commission

Right about now is the time when many of us are searching for scholarships and financial aid for our college-bound kids. Or maybe Junior is interviewing for his first job — or Muffy is buying her first car. In the middle of the paperwork, you might get a nasty surprise: your child’s credit report shows unpaid bills and a loan default.

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4 Reasons You Shouldn’t Fall Prey to the Payday Loan Trap

Debt Payday Loans
Written by April Crews · 17 April 2014

Payday loans can set you up for debt that can come back to haunt you later, especially if you take out more than you can truly afford to pay back.  It can be difficult for someone on a fixed budget to pay back these expensive loans in just two weeks, which is generally the amount of time given to repay such loans.  If you’ve considered resorting to a payday loan to pay off an emergency expense, consider the following before doing so:

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Tip of the Day

  • Written by Guest Blogger | April 24, 2014

    Teach your child about finance this Military Child Month. Start with the Money as you Grow program at http://moneyasyougrow.org/

Saver Stories View all »

Airman Succeeds Through Dedication to Building Wealth Not Debt

Written by Super User | October 13, 2011

I came into the Air Force at 23 years old in 1993 with about 12 outstanding bills (hospital bills, car loan, car insurance, school loans, credit cards, etc.). You name it, I had the bill. Thanks to the Family Support Center, Dave Ramsey's Financial Peace University, and many other sources, I now have no outstanding bills.

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60 Teens participate in Massachusetts Youth Saves Program

Written by Super User | November 26, 2010

During the months of June & July, 60 teenagers aged 13-19 from Marine, Coast Guard, Army, and Air Force families attended Youth Saves programs across the Commonwealth of Massachusetts to help increase their knowledge of financial literacy. Jonathan Harrington, Personal Financial Counselor for the MA Guard & Reserve, created the Youth Saves program to fit into the Military Youth Saves (www.militarysaves.org) theme which encourages kids and teens to develop good savings habits at a young age.

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On the Right Track to Build Wealth

Written by Super User | April 16, 2013

My name is Robina Wahl, and I am a military wife and a veteran. Although I am fairly new to the Military Saves Campaign, the message to “Build Wealth, Not Debt” reassured me that my husband and I were on the right track and doing the right things.

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