I’ve been absent for about a week, and I apologize. I’ll be back in due time.
In the meantime, I have a public service announcement.
In short: save money and rid yourself of debt. Everyone, not just the militaryish folks out there.
This week is Military Saves Week. What is it?
Military Saves is a national campaign to persuade, motivate, and encourage military families to save money every month, and to convince leaders and organizations to be aggressive in promoting automatic savings.
Why should you join such a movement?
You’ll be a part of a global movement dedicated to personal financial stability. Financial stability is about a lot more than knowledge – it takes consistent action over time. Military Saves is a campaign to make every military community a supportive environment to assist in that.
What’s the catch? They want you to commit to two things:
- I will help myself by saving money, reducing debt, and building wealth over time.
- I will help my family and my country by encouraging other Americans to Build Wealth, Not Debt.
It won’t put beer in the fridge or an XBox in your living room, but it will make you financially independent, monetarily confident, and stable.
Too many people in today’s world do not save money. They are stupid for neglecting the bedrock of their financial wellbeing. And don’t tell me you don’t earn enough to save. I’ve seen the various superfluous electronic gadgets in your house and the overpriced processed food in your fridge. You have enough to save. No, stop arguing. I’ll no longer entertain your excuses.
I like to think that I have educated and enlightened readers on my blog. Prove it. I challenge each of you to do at least one of the following:
- Contribute (or increase your contribution) to the Thrift Savings Plan (if you are a government employee).
- Open or maximize your contribution to a Roth IRA.
- If you have kids, start a 529 (college savings) plan.
- Pay off a credit card. Or two. Or three.
- Pay off your auto loan.
- Maximize your 401K matching contribution.
- Start systematically saving on the first day of every month.
Go. Save. Make yourself rich doing so. Feel the euphoria when you see a credit card balance at $0 or an investment account reach a milestone.
It’s for your own good.