Story by: FRP Staff
What purchases do you want to acquire in your short-term and long term goal planning?
Do you have short-and long-term financial goals?
List those goals for the material items that you wish to purchase in the next few weeks or months (short-term goals).
List those goals for the material items that you wish to purchase in the next year or two (long-term goals).
It is important that your budget and your financial goals agree and do not conflict with each other. By combining your financial goals and deployment budget, there are some key points to consider.
-Prepare an easy-to-follow budget and build in adjustments for times of deployment.
-Define your financial goals before you need to deploy.
-Designate a bill payer during deployment, if your spouse is unable to assume the responsibility, or if you do not have a spouse.
-Set up allotments or automatic bill paying service with your bank or credit union.
Hopefully this information has helped inform you of the importance of establishing a well planned financial budget and goals that will work both during pre-separation and during separation.
Army Community Service
Financial Readiness Program
Custer Hill, 7264 Normandy Drive
Fort Riley, Kansas 66442