#MSW17- Money Saving Tips for Military Families

We hosted a special Military Saves (#MSW17) chat on Periscope, YouTube Live, Twitter, and Snapchat on Wednesday, March 1 at 2 p.m. ET. Military Saves, is a component of the nonprofit America Saves and a partner in the Department of Defense’s Financial Readiness Campaign. It is an initiative to motivate, support, and encourage military families to save money, reduce debt, and build wealth.

When: March 1, 2017 at 2 p.m. ET.

Easy ways to chat with us on Twitter: Tchat

The panel included: Brian Posten: Business Development Officer at Air Force Federal Credit Union; James Lander: the Director of Military SavesShannon McNay: Writer for Student Loan HeroRod Griffin: Director of Public Education at Experian and Mike Delgado: Director of Social Media at Experian.

We’re also featuring financial tips all week on Snapchat.

Questions We Discussed:

  • Q1: What is Military Saves Week?
  • Q2: How can setting financial goals inspire servicemembers and their families to save?
  • Q3: What specific challenges do servicemembers and their families face regarding saving?
  • Q4: How can we encourage servicemembers who are new to managing finances focus on saving their money?
  • Q5: How do frequent deployments or relocations affect a servicemember’s ability to manage his/her finances?
  • Q6: What are some simple steps servicemembers and their families can take to start saving today?
  • Q7: How can servicemembers who are operating on a tight budget save money?
  • Q8: How can a servicemember who is carrying a lot of debt reduce debt and save?
  • Q9: What resources are available to service members to help them focus on their finances and saving?
  • Q10: Any final savings tips for servicemembers and military families?

View the Complete Tweetchat on Storify:

Resources:

Military Saves

Set a Savings Goal via Military Saves

Make Saving Automatic via Military Saves

Pledge to Save via Military Saves

12 Easy Ways to Manage Your Finances Before, During and After a Military Deployment via WiseBread

If you’ve never heard about #CreditChat, here is a brief overview:

Relevant chats on YouTube: