Preparing Your Personal Finances
Your financial situation can change drastically during your transition. Without proper
budgeting and planning you could find yourself in deep financial trouble. The following
section will give you the information and resources you need to plan for your financial transition
from the military.
Getting Financial Planning Assistance
When you take off your uniform once and for all you might be living on a reduced budget for a
while. Careful financial planning is the key to successful management of a limited
income. The earlier you look at your financial needs and come to terms with them, the more
time you will have to lessen their impact.
If you are having financial problems now or think you may have them in the future, go to your
Family Center for assistance. Help can range from individual counseling on money matters to
emergency loans. In addition, the Family Center usually offers group seminars and workshops on
several topics:
- Financial planning for transition
- Family budgets and spending plans
- Recordkeeping
- Insurance
- Credit
- Debt liquidation
- Consumer rights
- Taxes
- Investments
Date Last Reviewed: July 2, 2009
