Life’s Financial Journeys
Budgeting Finances. “How should I organize my budget, bill pay whether I am state side or deployed?”
Whether you are state side or deployed, setting up a budget and a system to pay your bills is likely the most important step to creating financial success. Spending “within your means” reduces the likelihood of creating debt and the increases the ability to generate savings.
The following subtasks may assist you in budgeting finances. You will find detailed resources for these subtasks under the links in the right column of this page.
Subtask 1: Decide how much money to spend on each category of expenditures (Discretionary vs. Fixed items)
Subtask 2: Create a system to track income and expenditures
Subtask 3: Setting up bill pay while deployed
Subtask 4: Establish a rainy day fund
Military Life Tasks
1. Budgeting finances
Budgeting finances Subtasks
1. Decide how much money to spend on each category of expenditures (Discretionary vs. Fixed items)