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The Military Saves Campaign

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Military Saves is a DoD-wide financial readiness campaign to persuade military ... is also supported by Chase Bank, Wells Fargo Bank, and Dave Ramsey's Financial ... – PowerPoint PPT presentation

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Title: The Military Saves Campaign


1
The Military Saves Campaign
2
Social Marketing Campaign
  • Military Saves is a DoD-wide financial readiness
    campaign to persuade military service and family
    members, to reduce debt and save money
  • Result Ensuring personal financial readiness
    and positively impacting the nation's
    personal/household savings rates

3
Social Marketing Campaign
  • Military Saves encourages
  • Developing a personal financial plan
  • Establishing good credit
  • Saving a portion of each paycheck
  • Enrolling in SGLI, TSP, and (when eligible) SDP

4
Annual Saver Drive
  • Military Saves Week
  • Last Sunday/Feb to first Sunday/Mar
  • In conjunction with America Saves Week
  • Model based on Combined Federal Campaign fund
    drive
  • Project officers in every unit
  • 100 contact
  • Make a donation to yourself!
  • Goal motivate people to act!
  • Enroll as Saver and save money!!

5
Ongoing Saving/Debt Reduction Campaign
  • Enrollment open 24/7 year-round
  • Participating organizations welcome and
    encouraged to organize local promotions to
    stimulate increased/new/automatic saving and debt
    reduction throughout year
  • Changing to an ongoing campaign with 4 Quarterly
    themes Save Invest, Military Youth, Debt
    Reduction, Retirement

6
Military Saves Campaign Materials
  • Growing infrastructure to support campaigning
    communities
  • www.MilitarySaves.org
  • Customizable Graphics
  • Checklists
  • PSAs

7
The Saver Pledge
  • A commitment to exercise good financial habits
    and encourage other Americans to do the same
  • Savers who enroll online receive electronic
    newsletters and e-Wealth Coach advice

8
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9
Banks and Credit Unions
  • Military Saves also invites defense credit unions
    and military banks to aggressively promote
    automatic deposits to savings accounts
  • Asks military and private organizations to
    promote saving and debt reduction to members,
    employees, and customers

10
Participation
  • All four Services and the U.S. Coast Guard
    participated in the campaign in 2007 and 2008
  • Enrolled more than 25,000 individuals and
    stimulated more than 100,000 positive financial
    actions such as putting money in savings or
    investment accounts
  • More than 80 credit unions and military banks
    participated in a wide variety of activities to
    promote personal financial readiness

11
Campaign Coordinators
  • Military Saves Director Sarah Shirley,
    702-521-7220 sarah_at_militarysaves.org
  • Military Saves Assistant Director Julie Kyrazis
    904-215-2442 julie_at_militarysaves.org

12
Military Saves is part of the DoD Financial
Readiness Campaign
  • OSD Brenda McDaniel
  • brenda.mcdaniel_at_osd.mil
  • and LCDR Dave Julian david.julian_at_osd.mil
  • Army Colleen Tuddenham
  • mary.colleen.tuddenham_at_us.army.mil
  • Navy Mary Spear
  • maryspear_at_cox.net
  • Air Force Leslie Joseph leslie.joseph_at_pentagon.a
    f.mil
  • Marine Corps Anna Jones anna.jones.ctr_at_usmc.mil

13
  • The campaign guidelines and resources are
    provided by DoDs nonprofit partner, Consumer
    Federation of America

14
  • Military Saves was made possible in part through
    the generous support of the FINRA Investor
    Education Foundation.
  • Please visit
  • Military Saves is also supported by Chase Bank,
    Wells Fargo Bank, and Dave Ramseys Financial
    Peace University Military Edition.
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