By Mass Communication Specialist 2nd Class (SW) Jamie Hawkins, Navy Public Affairs Support Element West, Det. Northwest
BREMERTON, Wash. – Capt. Thomas Zwolfer, Naval Base Kitsap (NBK) commanding officer, signed a proclamation kicking off Military Saves Week, Feb. 6.
Military Saves Week is coordinated by Military Saves, a partner in the Department of Defense’s Financial Readiness Campaign that seeks to motivate, support, and encourage military families to save money, reduce debt, and build wealth.
The weeklong event is an annual opportunity for military installations and organizations to promote good savings behavior and a chance for servicemembers and their families to assess their own saving status.
“Military Saves Week should be every week,” said Zwolfer. “We, as leaders, are obligated to educate, enjoin and assist our service members and their families to save their hard-earned money. Military Saves Week is a free week of training on smart saving and smart spending.”
There can be a direct correlation between financial management issues, and productivity and mission readiness. Financial stability reduces stress and allows the service member to focus on their family, their job, and mission readiness.
The potential negative effects of poor finances range from added stress to possible suspension or revocation of a security clearance and other administrative actions.
Service members and their families will be given the chance to attend several workshops and activities centered on how to become more financially fit as well as given the opportunity to ask questions from experts on how to plan for the future.
“For the last eight years our outreach and associated activities have been very successful in reaching a large number of our service members and their families,” said Margaret Joiner, Work & Family Life Supervisor for Fleet and Family Support Center Bangor. “However, the true measure of success is hard to capture as this program’s greatest success comes through our service members and their families taking action and starting a savings plan.”
For more information contact your Command Financial Specialist or schedule an appointment with a financial consultant at Fleet and Family Support Center or visit http://www.militarysaves.org.