Atsugi starts saving
February is the month of the military saver and during this time, installations across the globe offer classes and services to help military members and their families better manage their finances.
As part of this month’s events, Naval Air Facility (NAF) Atsugi’s Fleet and Family Service Center (FFSC) is offering one-on-one counseling sessions and group presentations to help bring financial awareness and accountability to base community members.
“This program is hugely important for anyone on NAF Atsugi who is interested in organizing their finances,” said FFSC Personal Financial Advisor Brad Morgan. “I am here yearround to work with anyone trying to get their finances in order and this program brings a big spotlight to this topic.”
This initiative is part of the Military Saves Campaign, a year-round social marketing campaign to persuade, motivate and encourage Department of Defense employees to save money and reduce consumer debt. The campaign reaches out to service members, spouses, youth and civilian employees.
According to Military Saves, a founding organization of this initiative, community members are responsible for upholding stringent rules regarding financial solvency. As such, it’s in the interest of the member to learn strategies for saving money and how much is right for them, given their life goals.
In 2011 NAVADMIN 011/11 instructed commands to create a culture that encourages savings and financial readiness in order to better position Sailors in an ever-changing economy. The campaign is designed to alter moneyhandling behaviors through education on achieving long-term financial fitness.
“At the beginning of each year, many individuals and families reflect on what was accomplished financially in the previous year, and what can be improved upon in the New Year,” said FFSC financial educator, Naval Support Activity Mid-South Stacy Livingston-Hoyte. “Military Saves Week is an excellent opportunity to allow experts to assist with that annual financial review.”
The campaign is a combined effort between the DoD and the Consumer Federation of America. In accordance with NAVADMIN 011/11 command leadership is urged to tap into local organizations such as banks, credit unions, public affairs offices and Fleet and Family Support Services. Enlisted advisors, installation relief societies, spouse groups, and child and youth programs are also additional resources.
“Self-education is key,” said Livingston-Hoyte. “Spending a few minutes each day capturing financial news and headlines can empower anyone to become a better money manager.”
“Financial readiness is a decision Sailors make by setting financial goals and working toward them, “said Director, Navy Staff Vice Adm. John Bird. “Sailors and their families can become military savers by making a personal commitment.”
For more information on Military Saves Week and other material, please call Morgan at 264-3372 or stop by the NAF Atsugi FFSC today.