First Command News & Events
Consumers respond to market turmoil by saving more, cutting debt
First Command Financial Behaviors Index falls to record low in third quarter amid rising concerns about the cost of daily goods, personal debt and job security
Fort Worth, TX – As national economic conditions worsened in the third quarter, Americans began putting their personal financial houses in order by increasing their short-term savings and paying more on short-term debt, according to the First Command Financial Behaviors Index.
The financial behaviors, attitudes and intentions of U.S. consumers remained depressed during the third quarter of 2008, causing the Financial Behaviors Index to dip to 85 in September – a record low. Consumer attitudes took the biggest hit, dropping 18 points from June.
Recent News
- Majority of American families spending less for holidays, First Command reports
(8 December 2008) - Americans don't expect economic bailout to improve their finances
(30 October 2008) - First Command launches landmark industry research initiative
(23 April 2008) - See More News Releases . . .
Media Coverage
- Dollar Wise: How to stay out of debt during the holidays
(24 November 2008 – The Dallas Morning News) - Americans up savings in down economy
(28 October 2008 - CNNMoney.com) - Financial planning for women
(September/October 2008 - Newnan-Coweta Magazine) - Package Brigade aids deployed
(23 August 2008 - Clarksville Leaf-Chronicle) - Rising cost of living in US cuts into savings
(17 July 2008 - Reuters) - The Package Brigade
(4 July 2008 - Good Morning America) - Package Brigade sends troops goodies
(2 July 2008 - WFAA-TV Channel 8 Dallas/Fort Worth) - Two Minutes with Scott Spiker
(30 June 2008 - Dallas Business Journal) - Target: Retirement
(2 May 2008 - Pittsburgh Post-Gazette) - 4 Questions with Scott Spiker
(1 May 2008 - Financial Planning) - Financial firm gearing up to serve military
(25 April 2008 - San Antonio Business Journal) - Want To Get Happy? Get a Financial Plan
(8 April 2008 - MainStreet.com) - Using Refund to Get New Start
(12 March 2008 - The News & Observer) - Tax Rebate Tempts Americans to Indulge Bad Habits
(25 February 2008 - Ft. Worth Business Press) - Financial Advisor Makes Life Her Business
(October 2007 - Killeen Daily Herald) - War widow says life insurance for all
(24 September 2007 - Fox 21, Colorado Springs, CO) - Caring day spotlights volunteers
(14 September 2007) - Serving Country and Family
(10 September 2007) - Army Widow Advocates Life Insurance
(September 2007 - KKTV 11 News, Colorado Springs, CO)
Events
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Armed Forces Bowl
December 31, 2008 Ft Worth, TX - See More Events . . .
First Command Press Kit
We encourage the media to contact us and schedule interviews with our company leaders, market strategists and Financial Planning experts.