MILITARY SAVES WEEK, 20-27 FEBRUARY 2011:
UNCLASSIFIED// RTTUZYUW RHSSXYZ0001 0181538-UUUU--RHSSSUU. ZNR UUUUU R 181948Z JAN 11 FM CNO WASHINGTON DC TO NAVADMIN AL NAVADMIN INFO CNO WASHINGTON DC BT UNCLAS PASS TO ALL OFFICE CODES: FM CNO WASHINGTON DC// TO NAVADMIN NAVADMIN 011/11 MSGID/GENADMIN/CNO WASHINGTON DC/DNS/JAN// SUBJ/MILITARY SAVES WEEK, 20-27 FEBRUARY 2011// POC/FRED DAVIS/CIV/CNIC/LOC: WASHINGTON DC/TEL: (202) 433-4541/ /EMAIL: FRED.W.DAVIS@NAVY.MIL// RMKS/1. IN ORDER TO BETTER POSITION OURSELVES IN AN EVER CHANGING ECONOMY, IT IS IMPERATIVE THAT COMMANDS CREATE A CULTURE THAT ENCOURAGES SAVINGS AND FINANCIAL READINESS. MILITARY SAVES WEEK, ESTABLISHED AS AN INTEGRAL PART OF THE DEPARTMENT OF DEFENSE (DOD) PERSONAL FINANCIAL READINESS CAMPAIGN, PROVIDES AN OPPORTUNITY FOR COMMANDERS TO PROMOTE TRAINING AND INFORMATION SEMINARS FOR SAILORS AND THEIR FAMILY MEMBERS. THIS SOCIAL MARKETING CAMPAIGN IS DESIGNED TO CHANGE BEHAVIOR BY EDUCATING OUR PERSONNEL ON HOW TO ACHIEVE LONG-TERM FINANCIAL FITNESS. 2. THE WEEK OF 20-27 FEB 2011 HAS BEEN SET ASIDE TO ENCOURAGE, MOTIVATE AND EDUCATE SAILORS AND THEIR FAMILIES TO INCREASE PERSONAL SAVINGS, DECREASE DEBT, AND DEVELOP FINANCIAL FITNESS HABITS THAT LEAD TO PERSONAL AS WELL AS OVERALL UNIT MISSION READINESS. 3. THE MILITARY SAVES CAMPAIGN, DEVELOPED THROUGH A COOPERATIVE AGREEMENT BETWEEN DOD AND THE CONSUMER FEDERATION OF AMERICA (CFA), ENCOURAGES LEADERSHIP TO PROMOTE WEALTH BUILDING MESSAGES AND CONDUCT UNIT LEVEL CAMPAIGNS AND EVENTS FOR A MULTITUDE OF FINANCIAL PROGRAMS. 4. THE MILITARY SAVES CAMPAIGN IS A COMMAND INITIATIVE IN WHICH LEADERSHIP CAN PARTNER WITH THE COMMAND FINANCIAL SPECIALIST, PERSONAL FINANCIAL MANAGEMENT (PFM) PROFESSIONAL, THE FLEET AND FAMILY SUPPORT CENTER ALONG WITH OTHER KEY COMMAND LEADERS IN COORDINATING EDUCATIONAL EVENTS, WORKSHOPS AND OTHER CREATIVE ACTIVITIES DESIGNED TO ENCOURAGE MAXIMUM PARTICIPATION. 5. COMMANDS SHOULD FULLY UTILIZE LOCAL RESOURCES (PUBLIC AFFAIRS, FLEET AND FAMILY SUPPORT CENTERS, WARFIGHTER AND FAMILY SERVICE CENTERS, THE INSTALLATION BANKS AND CREDIT UNIONS, CHILD AND YOUTH PROGRAMS, SENIOR ENLISTED ADVISORS, SPOUSE ORGANIZATIONS, MILITARY BANKING AND CREDIT UNION LIAISON OFFICERS AND THE INSTALLATION RELIEF SOCIETY) IN EVENT PLANNING. 6. FOR MILITARY SAVES WEEK 2011, A SPECIAL EMPHASIS SHOULD BE PLACED ON OUR MILITARY CHILDREN AND YOUTH. AS SUCH, INSTALLATIONS ACROSS THE NATION ARE ENCOURAGED TO PARTNER WITH CHILD AND YOUTH PROGRAMS, SCHOOLS AND FLEET AND FAMILY SUPPORT CENTERS TO ORGANIZE FUN EVENTS AND EDUCATIONAL FORUMS. IN ADDITION, INSTALLATION BANKS AND CREDIT UNIONS MAY OFFER SPECIAL INCENTIVES FOR OPENING AND/OR MAKING CONTRIBUTIONS TO A SAVINGS ACCOUNT. 7. FINANCIAL READINESS STARTS WITH MAKING A COMMITMENT, SETTING A FINANCIAL GOAL AND WORKING TOWARD ACHIEVING THAT GOAL. SAILORS AND FAMILY MEMBERS CAN BECOME MILITARY SAVERS BY MAKING A PERSONAL COMMITMENT, DEVELOPING A SAVINGS PLAN AND UTILIZING FINANCIAL EDUCATION SERVICES AVAILABLE THROUGH FLEET AND FAMILY SUPPORT CENTERS OR WARFIGHTER AND FAMILY SERVICE CENTERS. COMMANDERS ARE ENCOURAGED TO PROMOTE MAXIMUM UTILIZATION OF MILITARY SAVES EVENTS. 8. RELEASED BY VICE ADMIRAL J. M. BIRD, DIRECTOR, NAVY STAFF.// BT #0001 NNNN