MILITARY SAVES WEEK, 25 FEBRUARY-4 MARCH 2007:
RAAUZYUW RUENAAA1353 0531945-UUUU--RUCCBWF.
ZNR UUUUU ZUI RUEWMCE1737 0531936
R 221945Z FEB 07 ZYB MIN ZYW PSN 837942I33
FM CNO WASHINGTON DC
TO NAVADMIN
INFO RHMFIUU/CNO WASHINGTON DC RUENAAA/CNO WASHINGTON DC BT UNCLAS
NAVADMIN 044/07
MSGID/GENADMIN/CNO WASHINGTON DC/DNS/FEB//
SUBJ/MILITARY SAVES WEEK, 25 FEBRUARY-4 MARCH 2007//
POC/MS. KELLY DEMPSEY/CIV/CNI/LOC:WASHINGTON DC/TEL:(202)433-4639
/TEL:DNS: 228-4639/EMAIL:KELLY.DEMPSEY.CTR@NAVY.MIL//
RMKS/1. MILITARY SAVES WEEK, ESTABLISHED AS AN INTEGRAL PART OF THE DOD
PERSONAL FINANCIAL READINESS CAMPAIGN, PROVIDES AN OPPORTUNITY FOR
COMMANDERS TO ENCOURAGE SAILORS AND FAMILY MEMBERS TO ESTABLISH
PERSONAL SAVINGS GOALS AND HABITS TO MEET UNFORESEEN EMERGENCIES.
THIS SOCIAL MARKETING CAMPAIGN IS DESIGNED TO CHANGE BEHAVIOR, BY
EDUCATING OUR PERSONNEL ON HOW TO BUILD WEALTH, NOT DEBT.
2. THE WEEK OF 25FEB-4MAR 2007 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 IMPROVED FINANCIAL STABILITY AND 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 MILITARY MEMBERS TO SET SAVINGS
GOALS, OPEN SAVINGS ACCOUNTS, MAKE REGULAR CONTRIBUTIONS TO HOUSEHOLD
SAVINGS, INCREASE DEBT PAYMENTS, AND PARTICIPATE IN FINANCIAL EDUCATION
PROGRAMS.
4. THE MILITARY SAVES CAMPAIGN IS A COMMAND INITIATIVE, SIMILAR TO THE
COMBINED FEDERAL CAMPAIGN, IN WHICH LEADERSHIP CAN WORK TO CREATE A
CULTURE THAT ENCOURAGES SAVINGS AND FINANCIAL READINESS.
THE COMMAND FINANCIAL SPECIALIST (CFS) SHOULD BE INVOLVED, ALONG WITH
OTHER KEY COMMAND LEADERS, IN COORDINATING EVENTS, WORKSHOPS AND OTHER
CREATIVE ACTIVITIES DESIGNED TO ENCOURAGE INCREASED PERSONAL SAVING
BEHAVIOR.
5. COMMANDS SHOULD FULLY UTILIZE LOCAL RESOURCES (PUBLIC AFFAIRS, FLEET
AND FAMILY SUPPORT CENTERS, INSTALLATION BANKS AND CREDIT UNIONS,
COMMUNITY SUPPORT CENTERS, SENIOR ENLISTED ADVISORS, SPOUSE CLUBS AND
ORGANIZATIONS, AND THE NAVY MARINE CORPS RELIEF SOCIETY) IN EVENT
PLANNING. TO ASSIST IN MAKING MILITARY SAVES WEEK A SUCCESS AT YOUR
COMMAND, RESOURCE INFORMATION AND TOOL KITS ARE AVAILABLE FOR DOWNLOAD
AT HTTP:/WWW.MILITARYSAVES.ORG.
6. 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.
COMMANDS ARE ENCOURAGED TO PROMOTE MAXIMUM UTILIZATION OF MILITARY
SAVES EVENTS.
7. RELEASED BY VADM M. P. FITZGERALD, DIRECTOR, NAVY STAFF.//
BT
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