NBK FFS Saves Week Feb. 22-26 2021

18 Feb 2021

NBK FFSC SAVES WEEK: FEB. 22-26 2021

NBK Saves is going virtual! The Personal Financial Management Specialist of Fleet and Family Support Center has adapted outreach events and activities to better reach YOU!

Video credit: CNIC

Feb. 22  NBK FFSC Saves Week: Budgeting
Welcome to the first day of NBK Saves! Today we are going to talk about budgeting. Did you know that almost 60% of Americans spend their entire monthly income, or more, each month? The goal of creating a budget is to help you live within your means and realize your financial aspirations like purchasing a car, home, or putting your kids through college.

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Feb. 23 NBK FFSC Saves Week: Marriage Communication
It's Teamwork Tuesday! Welcome to the second day of NBK Saves! Today we will discuss communicating with your spouse about money. Do you dread having conversations with your significant other about your financial situation? Do discussions about your budget end in arguments? Do you feel that you and your partner have completely opposing views about how you should spend your money? If you answered YES to any of these questions, view this video.

If you would like copies of any of the documents listed in the video contact the Fleet & Family Support Center's Personal Financial Specialist at 866-854-0638.

Feb. 24 NBK FFSC Saves Week: Cost of College
It's Generational Wealth Wednesday! Kids are amazing and they add so much joy to our lives; however, raising them can be pretty expensive. Establishing positive money habits will enable you to invest and create generational wealth for your family. Many parents strive to cover college expenses for their children, which requires long-term investments to avoid taking out loans. Check out the video below to learn more about your the potential costs of your child's education in the next 20 years.

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Feb. 25 NBK FFSC Saves Week: Managing Debt and Credit
Welcome to Thrive Thursday, the third day of NBK Saves! Today we’re talking about managing your credit. When is the last time you looked at your credit report? Do you know your FICO score? Managing your credit as a Service Member is extremely important. Financial mismanagement can cause significant issues where your security clearance is concerned.

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Feb. 26 NBK FFSC Saves Week: How Time Builds Wealth
It's Financial Freedom Friday! Today is the last day of our NBK Saves virtual event and we are focusing on investing. There are many ways to invest your money: stocks, bonds, mutual funds, and any combination of those. Most individuals reach their investment and/or retirement goals by utilizing compound interest.

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