Posted in Spiritual

Army Retirement Assistance

If you are planning on attending college/university after your transition there are some things you will need to consider.

Calculate American Council on Education (ACE) credits earned for military training

Find Student Veteran Organizations for your intended college/university

To assess your educational  options consider these sites:

If you are planning on becoming a small business owner then contact your Transition Counselor at your servicing SFL-TAP facility to schedule attendance to the Entrepreneurship Workshop.

Something else that you will need to take into consideration is developing an effective spending plan. A spending plan is simply a tool to assist you in reaching your goals. Below are some characteristics of an effective spending plan:

  • A guide and a servant-not a master. Some people think of a budget or a spending plan much like a diet. “I have to suffer through this, and it will be painful, but hopefully in the end I’ll achieve my goals.” If your spending plan accounts for all of your needs but also for some of your wants, it won’t necessarily feel restrictive. I it should free you from worry.
  • Is not necessarily a down-to-the-penny accounting. That is not to say it cannot be down to the penny, some people like it to be that specific with their money. However, if you are not much of an accountant, don’t worry. The spending plan process will help you build up accurate and effective numbers.
  • Easy to understand. In its simplest form, a spending plan is a list of money that comes in and money that goes out. It should not be any more complex than it needs to be for your situation.
  • A reflection of your needs, wants, values and goals. It should reflect the way that you actually spend your money. Anyone that you share your fiscal life with should be involved in the budgeting process.
  • Based on current income, savings, expenses, and debt. If you don’t know what your current income, savings, expenses and debt are, estimate as closely as you can then update it when you have correct numbers. After you have given it your best then you need to take your plan for a “test drive”. That means that you need to track all of your expenses for 30 days. Make this as easy on yourself as possible.
  • Practical and realistic. It has to be based on reality. You may only want to spend $50 per month on gasoline for your POV, but is this truly realistic? You might want to start riding your bike instead of driving, but is this realistic or practical? As you work through your spending plan ensure that you keep it real.
  • Flexible. It should not be a straitjacket. Build in some flexibility by adding a cushion, or better yet, build up your reserve or emergency savings so that you can be flexible when you need to be.
  • Provides for pleasure as well as necessities.  It bears repeating that your spending plan does not need to be so restrictive that you have no room for some of life’s pleasures. It is reasonable and expected that people will build into their spending plan some money for pleasures, as well as necessities.
  • Can be short or long term. A short-term budget is for something that is less than a year from now while a long-term budget is for more than 12 months.
  • Determine SMART goals. A budget should be SMART: Specific (list as much detail as you can), Measurable (set criteria so that you can measure progress), Achievable (set steps and develop attitudes, abilities, skills to reach them), Realistic (are you willing and able to work toward a goal?) and Trackable/Timely (what is your intended timeline to achieve it?).






Disciple of Christ, Husband, Father, Retired Soldier, Outdoors-man.

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