RAAUZYUW RUENAAA4503 0292212-UUUU--RUCRNAV.
ZNR UUUUU ZUI RUEWMCE9620 0292157
R 292212Z JAN 07
FM SECNAV WASHINGTON DC
TO ALNAV
ZEN/ALNAV @ AL ALNAV(UC)
INFO ZEN/CNO CNO
BT
UNCLAS
SUBJ: PERSONAL FINANCIAL WELL-BEING

FM SECNAV WASHINGTON DC
TO ALNAV
     BT
ALNAV 011/07
MSGID/GENADMIN/SECNAV WASHINGTON DC/-/JAN// 
SUBJ/PERSONAL FINANCIAL WELL-BEING// 
1.  THE DEPARTMENT OF THE NAVY IS VIGOROUSLY ENGAGED IN PROMOTING SOUND 
FINANCIAL MANAGEMENT.  POOR FINANCIAL MANAGEMENT AFFECTS MISSION 
READINESS AND JEOPARDIZES THE FINANCIAL WELL-BEING OF OUR SAILORS, 
MARINES, CIVILIANS AND THEIR FAMILIES.  ALL MEMBERS OF THE NAVY TEAM, 
FROM COMMANDERS, SENIOR ENLISTED AND CIVILIAN LEADERS TO



PAGE 02 RUENAAA4503 UNCLAS
THOSE WORKING ON THE DECKPLATES AND IN THE FIELD, MUST CHANGE THE 
CULTURE BY SETTING A TONE WITHIN THEIR COMMANDS TO CREATE AN ATMOSPHERE 
WHERE EVERY SAILOR, MARINE, AND CIVILIAN EMPLOYEE FEELS COMFORTABLE 
DISCLOSING FINANCIAL ISSUES EARLY THROUGH THEIR CHAIN OF
COMMAND FOR REFERRAL TO AN APPROPRIATE RESOURCE FOR ASSISTANCE.   2.
EDUCATING OUR SAILORS, MARINES AND CIVILIANS ON HOW TO REDUCE DEBT, USE 
RESOURCES WISELY TO PROTECT THEIR FAMILIES, AND MAINTAIN PERSONAL 
READINESS AND FAMILY PREPAREDNESS IS THE KEY FIRST STEP TOWARD MAKING 
OUR PERSONNEL AND THEIR FAMILIES FINANCIALLY FIT.  WE CAN ALL TAKE THE 
LEAD BY PROMOTING ENROLLMENT IN SAVINGS PROGRAMS.  THE UPCOMING ANNUAL 
_MILITARY SAVES CAMPAIGN_ SPONSORED BY THE OFFICE OF THE SECRETARY OF 
DEFENSE, ENDORSES A _FINANCIAL READINESS CULTURE_ BY ESTABLISHING A 
SAVINGS FUND TO DISCOURAGE HIGH COST, SHORT TERM BORROWING AND TO 
PROMOTE FAMILY FINANCIAL READINESS.  THIS SOCIAL MARKETING CAMPAIGN IS 
DESIGNED TO CHANGE BEHAVIOR, BY EDUCATING SERVICE MEMBERS, CIVILIANS 
AND THEIR FAMILIES ON HOW TO BUILD WEALTH, NOT DEBT.  EVERYONE CAN 
BECOME A _SAVER_ BY PARTICIPATING IN THE _MILITARY SAVES WEEK_ KICKING 
OFF 24 FEBRUARY THROUGH 4 MARCH 2007.
SAILORS, MARINES AND CIVILIANS CAN GET INTO THE HABIT OF _PAYING 
THEMSELVES FIRST_ BY ENROLLING IN A SAVINGS PROGRAM.  INSTALLATION



PAGE 03 RUENAAA4503 UNCLAS
COMMANDERS SHOULD EMBRACE SAVINGS PROGRAMS BY MAKING THEM _COMMANDERS_ 
PROGRAMS_ THUS MAKING FINANCIAL READINESS EVERYONE_S GOAL.  A SOUND 
SAVINGS INITIATIVE IS CRITICAL TO MAKING OUR FORCES FINANCIALLY READY.
3.  ON-BASE BANKS AND CREDIT UNIONS ALSO OFFER A WIDE VARIETY OF 
PRODUCTS AND SERVICES TO ASSIST IN FINANCIAL WELL-BEING.  DEBT 
REDUCTION PLANS, PAYDAY LOAN ALTERNATIVES, AND FINANCIAL EDUCATION AND 
COUNSELING ENHANCE THE SAVINGS PROGRAMS.  ALL LEADERSHIP PERSONNEL 
SHOULD ALSO BE FAMILIAR WITH THE SAVINGS PROGRAMS, FINANCIAL COUNSELING 
AND LOAN OPTIONS OFFERED BY THE NAVY AND MARINE CORPS RELIEF SOCIETY.  
ALL OF THESE PROGRAMS INCREASE PROTECTION AGAINST PREDATORY LENDING 
PRACTICES, BUILD EMERGENCY SAVINGS FUNDS AND FUTURE WEALTH, AND HELP 
ENSURE MISSION READINESS.
4.  OUR SAILORS, MARINES, CIVILIANS AND THEIR FAMILIES DESERVE YOUR 
SUPPORT IN CREATING A CULTURE THAT ENDORSES SAVINGS AND FINANCIAL WELL-
BEING.
5.  RELEASED BY THE HONORABLE DONALD C. WINTER, SECRETARY OF THE 
NAVY.// BT
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