Veteran Saves Week marks a time for reflection, action, and commitment in the military and Veteran communities towards achieving personal financial success. This year the week serves as a beacon for financial readiness and empowerment.
Veteran Saves Week, has evolved into a pivotal event from its roots as Military Saves Week which began in 2007, encouraging Veterans and their families to engage deeply with their financial lives. The Association of Military Banks of America (AMBA) alongside the Veterans Benefits Banking Program (VBBP) is proud to participate and support this crucial initiative. Our combined efforts focus on improving the financial stability and readiness of those who have served our Nation.
Throughout the week, participants are encouraged to take the Veteran Saves Pledge—a commitment to set clear financial goals and work steadily towards them, with abundant resources and guidance available. Last year alone, the campaign significantly expanded its reach, involving hundreds of organizations and impacting millions worldwide, including U.S. military communities in Germany, South Korea, and Japan.
Veteran Saves Week addresses several critical areas:
- Choosing the Right Financial Institution: Understanding the importance of a trustworthy banking partner is essential for securing and managing finances effectively.
- Housing: Strategies for saving towards homeownership or managing rental responsibilities highlight the importance of stable housing in financial planning.
- Saving for Competing Priorities: Whether it’s for emergencies, education, or retirement, setting and prioritizing financial goals is a cornerstone of sound financial health.
- Navigating Financial Transitions from Military to Civilian Life: This includes managing changes in income, benefits, and lifestyle that come with transitioning to civilian status.
The week’s activities are designed not just to educate but also to foster environments where Veterans can discuss and strategize on financial issues. This collective approach helps clarify personal finance topics, making them more accessible and actionable.
Participating in Veteran Saves Week offers organizations and financial institutions a unique opportunity to support a national dialogue about building financial confidence and wellness, serving their communities directly and meaningfully.
We invite you to join us in this national effort to promote financial literacy and readiness. By working together, we can ensure that our Veterans and their families are equipped with the tools and knowledge they need for financial success.
For more information on how to participate or to take the Veteran Saves Pledge, visit Veteran Saves.
Let’s make a commitment to financial stability, one pledge at a time!