MILITARY SAVES WEEK, 20-27 FEBRUARY 2011:
UNCLASSIFIED//
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R 181948Z JAN 11
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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
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