The year-long Military Saves campaign stresses the importance of good financial habits and encourages servicemembers to save, reduce debt and build wealth. Financial health also is key to force readiness because accumulating debt can jeopardize a servicemember's security clearance. Services available to servicemembers include counseling that is available on military bases and upcoming financial awareness events. Also, the Financial Industry Regulatory Authority's Investor Education Foundation has a website at www.saveandinvest.org that includes a financial management readiness program designed for servicemembers. For more information about Military Saves and to read about success stories related by people who have used the program to achieve their financial goals, visit the Military Saves website at www.militarysaves.org.
For more personal finance guides and tips, visit the Military.com Money section.