What is Military Saves?

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Military Saves, a component of the nonprofit America Saves and a partner in the Department of Defense’s Financial Readiness Campaign,  seeks to motivate, support, and encourage military families to save money, reduce debt, and build wealth. The research-based campaign uses the principles of behavioral economics and social marketing to change behavior. Military Saves encourages all servicemembers, their families, and civilian employees to take the Military Saves pledge and for organizations to promote savings year-round and during Military Saves Week

Savers who take the pledge can opt to receive a monthly e-newsletter from Military Saves, as well as a quarterly e-newsletter from America Saves.  Military Saves also works with FINRA Investor Education Foundation, the defense credit unions, military banks and other non-profit organizations to promote savings and debt reduction.

Military Saves is a campaign coordinated by the nonprofit Consumer Federation of America (CFA) and is dedicated to helping servicemembers and their families save money, reduce debt, and build wealth.

Our Financial Supporters

Military Saves' researched-based work to improve the saving behavior of servicemembers, their families, and DoD civilian employees is supported by generous contributions from a number of partners. 

Financial supporters include:

  • FINRA Investor Education Foundation | SaveAndInvest.org
  • USAA Educational Foundation | USAAEF.org
  • Wells Fargo | HandsOnBanking.org
  • Navy Federal Credit Union

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Saver Stories View all »

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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Making Savings a Part of Marriage

Capt. Rob Eckhardt is the first to admit that he hasn’t always been responsible with money. But less than 10 years after a rocky start to saving, Eckhardt reports that he and his wife are free from credit card debt, have a down payment on a home, and are saving regularly for retirement. And, as the Military Saves representative for his Air Force squadron, he’s helping others make similar progress.

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60 Teens participate in Massachusetts Youth Saves Program

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.

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