As part of Military Saves Month during April, the Tennessee Department of Commerce and Insuranceâs Securities Division shared the message of saving successfully and encouraged Tennesseeâs military community to save money, reduce debt and build wealth.
Military Saves, an initiative of America Saves and the Consumer Federation of America, is the nonprofit organization behind Military Saves Month. The virtual savings movement is centered on themes of saving automatically, saving for the unexpected, saving to retire, saving by reducing debt and saving as a family.
"The work of Military Saves is to encourage the entire military community, including military families and veterans, to save as we believe that financial readiness is mission readiness,â said Angela Caban, director of Military Saves.