Military Saves Week Aims to Motivate Male Military Spouses to Better Their Finances

Military Saves Week Aims to Motivate Male Military Spouses to Better Their Finances

image for Military Saves Week Aims to Motivate Male Military Spouses to Better Their Finances

Image: – Military Saves Week 2018 is February 26 - March 3, 2018 – Macho Spouse

 

Military SavesAs a male military spouse, I know how important it is to stretch every dollar as far as I can for my military family. I'm always looking for tips on how to save money and I really appreciate money saving tips for the Military Family.

Here are some questions to think about:

Do you have an emergency fund? Are you saving enough money for retirement? Do you have a budget? How close are you to financial freedom?

February 26 - March 3, 2018

Military Saves Week is an annual opportunity for installations and organizations to promote good savings behavior and a chance for servicemembers and their families to assess their own saving status. Typically hundreds of organizations participate in the Week, reaching millions of people.

 


 


Who Should Participate?

Military Leaders and Project Officers (POCs)

Make your unit a savings community. Military Saves is a readiness initiative authorized by the Undersecretary of Defense for Personnel and Readiness. Through a simple annual process modeled after CFC, you can invite your personnel to increase their personal financial readiness.

More About Military Saves Week 2018

Military Saves, part of the Department of Defense's Financial Readiness Campaign, is asking military and milspouse bloggers all over the world to come together this month to talk about the same topic: saving money.  During Military Saves Week we want to encourage servicemembers and their families to assess their own saving status and take action.  We believe that if military families Set a Goal, Make a Plan, Save Automatically, they can begin a journey toward their own financial freedom.

We encourage you to take the Military Saves Pledge, which is a commitment to Build Wealth, Not Debt.  This year, for the first time, those who have taken the pledge in the past can repledge again.

For all you male military spouse bloggers, we encourage you to write at least one blog post during Military Saves Week using our one of the following themes: Save for Emergencies, Pay Off High-Interest Debt, Save Automatically, Save for Retirement, or Save for a Large Purchase. For more information, you can check out this Digital Communications Kit.
 
Now more than ever it's vitally important for military families to build up their emergency funds and save for their own future.  With your help, we can truly Start Small, Think Big
 
Please let us know if you would be willing to help out or if you know of other milspouse bloggers who would be interested in doing so. You will be seeing more posts here at Macho Spouse aimed at helping male military spouses save money.

See also...

image for Macho Money Definitions - What Is A Market Index?

Macho Money Definitions - What Is A Market Index?

vid_whatisindex.jpgWhat is a “market index?"  According the SEC, a market index tracks the performance of a specific "basket" of stocks considered to represent a particular market or sector of the world stock market or the economy.

 

There are indices for almost every conceivable sector of the economy and stock market.

USAA Certified Financial Planner, Scott Halliwell, does a great job in this video of giving a more thorough explanation of a market index with some examples.

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I'm not depressed, I just want to be alone!

img-roland-220x130.pngDuring deployment, it is important to recognize the signs and symptoms of depression. According to WebMD, some of the symptoms of depression are:

  • Difficulty concentrating, remembering details, and making decisions
  • Fatigue and decreased energy
  • Feelings of guilt, worthlessness, and/or helplessness
  • Feelings of hopelessness and/or pessimism
  • Insomnia, early-morning wakefulness, or excessive sleeping
  • Irritability, restlessness
  • Loss of interest in activities or hobbies once pleasurable, including sex
  • Overeating or appetite loss
  • Persistent aches or pains, headaches, cramps, or digestive problems that do not ease even with treatment
  • Persistent sad, anxious, or "empty" feelings
  • Thoughts of suicide, suicide attempts
Now, we also have to understand that there is a difference between simply being sad and depression. There is going to be, in most cases, a period of sadness and change associated with deployment. This is normal. It is not uncommon for people to have some of the symptoms of depression, yet not be suffering from depression.
 


 

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