2. Fleet & Family Support Center
Money Matters
T. Whitfield
Fleet & Family Support Center

3. General Money Management and Personal Savings and Investment Element 45 pg 202 Element 46 pg 204

4. Objective
Discuss transitioning service members: financial responsibility/expectation WIIFM TAP Ideals/Standard Resources Summary

5. TSM Responsibility
Prepare a 12 month POST separation budget Why? VOW Act Mandate and CRS standard Also…

6. Honest financial assessment/consideration
WIIFM?????
Honest financial assessment/consideration
1 of 2 outcomes

7. TAP Ideals
3-6 months of living expenses in a savings account Budgeting and debt management is your norm Resources

8. Bonds Certificate of Deposit Stocks Mutual Funds And…
Resources
Bonds Certificate of Deposit Stocks Mutual Funds And…

9. Resources Fleet and Family Support Centers Financial Counselors
Military onesource.mil
VA Debt Mgmt Prgm
NCC

10. Summary Use all tools available Start early
Anyone can look online to find out what you make but…
Start early
Use all tools available
Make transition as smooth as possible
Summary