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Create a New Budget

Step one: determine total monthly income for this example we will use $2700

Step two: determine total monthly expenses for this example we will use $2100 this includes rent, utilities, food, transportation, entertainment, and BRS contributions, and car loan payments

Step three: subtract expenses from income to determine your remainder $2700-$2100=$600

Step four: allocate your remainder to savings, debt repayment, or additional expenses

for this example we will allocate the remainder to be put into savings until two full paychecks are saved in case of an emergency

*this money is good to have on hand during unexpected expenses during PCS*

Try making your own budget using your personal income and expenses:

When calculating expenses be sure to include all monthly expenses such as rent, utilities, food, transportation, entertainment, subscriptions, debt payments, and savings contributions.