12 Feb Zeiders Encourages Participation in Military Saves Week
As part of Military Saves Week 2018, scheduled for February 26 – March 3, Zeiders is spreading the saving message, and urging the community to participate in Military Saves Week and take the Military Saves Pledge.
“Military Saves Week is a great opportunity to help servicemembers and their families Set a Goal, Make a Plan, and Save Automatically,” said Zeiders President and CEO Paul A. Richardson.
Focusing on financial health is an important step for all Americans. Military Saves Week is coordinated by America Saves and the Consumer Federation of America in partnership with the Department of Defense. This week is an annual reminder of the importance of developing good savings behavior and a chance for individuals to assess their saving status. Here are a few reasons why this is a necessary topic for discussion:
- Fewer than 50% of Americans say they have a savings plan with specific goals.
- 56% of divorces cite financial stress as the leading cause of the breakdown of marriage.
- Money is the top source of psychological stress for adults.
Zeiders is proud of our staff supporting servicemembers and their families with financial education and counseling at military installations worldwide. Promoting automatic savings to help servicemembers and their families reach their savings goals is a key component of long-term stability.