Transition Readiness Seminar Transitional Budget Template Page 3

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Transition Readiness Seminar
Transitional Budget
‘s
Projected Budget
INCOME ____________________________
Remember: Living Ex-
Use O*Net, Career
Gross
_____________________
vary greatly
penses
!! Use
One Stop, and a
Relocation Essentials cal-
Net
_____________________
BAH calculator to
culators for estimated liv-
Monthly
Take-Home
estimate Monthly
ing expenses.
_____________________
Income.
Spouse (other) Take-Home
_____________________
LIVING EXPENSES____(70%)______
Housing
__________________
Hopefully one of your Action Plan Goals
YOURSELF
is to pay
first! Plan to save
Food
__________________
10% of your projected income. This can be
Utilities
__________________
any combination of Retirement, College,
Phone
__________________
and/or Emergency Fund savings. TIP:
Auto
__________________
If your future employer has a Matching
Program for retirement, maximize your
Childcare
__________________
retirement contribution.
Healthcare __________________
Education __________________
SAVINGS_____________(10%)_____________
Leisure
__________________
Monthly Savings
__________________
Personal Care
_____________
Monthly Retirement
__________________
Pet Care
__________________
Monthly College Fund
___________________
Clothing __________________
Total Monthly Savings
Gifts
__________________
0.00
__________________
Other
__________________
3

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