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 #1353 NNNN