02.22.2024 By Krystel Spell

Saving for Events

Transitioning from military to civilian life brings about significant milestones, from transitioning into civilian careers to retirement and more. These milestones deserve celebration, not only to honor the dedication and hard work behind them but also to unite family and friends in joy and excitement. However, celebrations can strain budgets, particularly for transitioning service members and veterans.

Transitioning from military to civilian life brings about significant milestones, from transitioning into civilian careers to retirement and more. These milestones deserve celebration, not only to honor the dedication and hard work behind them but also to unite family and friends in joy and excitement. However, celebrations can strain budgets, particularly for transitioning service members and veterans. Here are some money-saving tips to ensure these special occasions are enjoyed to the fullest without breaking the bank:

  1. Plan ahead: Start planning for the event well in advance so you have time to research and compare prices for venues, decorations, and other expenses. This will also give you time to save up money for the event.
  2. Keep it simple: You don't need to go all out to have a great celebration. Consider having a potluck or a backyard barbecue instead of an expensive catered meal, or DIY your own decorations instead of buying them.
  3. Use military discounts: Many businesses offer discounts to military members and their families, so be sure to ask about these when booking venues, buying supplies, or ordering food.
  4. Consider non-traditional venues: Instead of renting a banquet hall or ballroom, consider hosting the event at a park, beach, or other outdoor location. These venues are often less expensive and can provide a beautiful backdrop for your celebration.
  5. Get creative: Instead of hiring a professional photographer, ask a friend or family member to take photos for you. You can also create your own photo booth with props and a backdrop for guests to take their own photos.
  6. Saving automatically: is one of the easiest ways to save for a goal. By setting up automatic savings, you can ensure that you're putting money aside for your big milestone events, even if you don't have a lot of extra money to spare. This method is especially helpful for military families who may have to deal with unexpected expenses or deployments. 

By following these tips, you can save money while still celebrating achievements or special moments with your loved ones. 

 

Is there an upcoming milestone that you want to celebrate? Take the Veteran Saves Pledge to help you make a savings plan, and get the support you need.