Transition Readiness Seminar Transitional Budget Template
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4Transition Readiness Seminar
Transitional Budget
‘s Current Budget
INCOME ____________________________
Examine your last LES. Note tax
Gross
_____________________
withholdings and allotments. Re-
Net
_____________________
Monthly Take-
member to use your
Monthly
Take-Home
Home
Pay to create a budget.
_____________________
Spouse (other) Take-Home
Track your Living Expenses: It is important
_____________________
honest and thorough
to be
instead of esti-
LIVING EXPENSES____(70%)______
mating. Understanding where your money
Housing
__________________
is going is the only way to gain control of
your spending! Categorize all expenditures
Food
__________________
from bank statements or online banking
Utilities
__________________
transactions.
Phone
__________________
Auto
__________________
SAVINGS_____________(10%)_____________
Childcare
__________________
0.00
Monthly Savings ______________________
Healthcare __________________
Monthly TSP
______________________
Education __________________
Monthly IRAs
______________________
Leisure
__________________
TOTAL AMOUNT IN SAVING’S ACCOUNTS
Personal Care ________________
_____________________
Pet Care
__________________
Clothing __________________
It is never too late to start saving; so con-
sider saving for your Transition. Any
Gifts
__________________
months
transition can bring on several
Other
__________________
without steady income
.
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