Are you currently working to pay down your debt? Well, guess what? You ARE SAVING!
 
When you actively reduce your debt, you save on interest. When you pay on time, you save on late fees and maintain your credit score – which will save money long-term.
Reducing debt should be acknowledged and celebrated as a form of saving and a component of your financial plan.
 
If you are working on paying off your credit cards, you can use SAFE's credit  card payoff calculator to see how long it would take to pay down your debt. 
 
Credit Card Payoff Tool
As a participant of Military Saves Month, we encourage you to celebrate your savings journey by joining a community of military-affiliated people on a similar savings path. The Military Savers Facebook Group is hosted by MilitarySaves.
 
Another action you can take this week if you haven’t already is to take the Military Saves Pledge or text to pledge by texting MILITARYSAVES to 877877.
 
Military Saves is a campaign coordinated by the nonprofit Consumer Federation of America (CFA) and is dedicated to helping servicemembers and their families save money, reduce debt, and build wealth.
Use of U.S. Department of Defense (DoD) visual information does not imply or constitute DoD endorsement.