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Money and Mobility
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Smart Move |
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A reserve fund can give your family the peace of mind that allows you to stay focused on your mission. |
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 An upcoming deployment or call to active duty changes your
life substantially. For active military, paying bills and providing
for your family’s
financial needs are the main financial concerns. Reserve and
Guard members face these issues, as well as those related to
their civilian jobs and health-care insurance. However, these
may not be the only concerns. Spend some time thinking about
your situation. What expenses could you or your family encounter?
One
way to be ready for these changes is to have a “reserve” savings
fund. A reserve fund can give your family the peace of mind
that allows you to stay focused on your mission. The Reserve
Fund Worksheet will help you determine how much
money you should set aside in case you are deployed or called
to active duty.
After reviewing the total amount you should
have in your reserve fund, you may feel overwhelmed. Don’t
let the amount scare you. You can begin to build your reserve
fund by taking one step at a time. The first step is reading “Be
a Smart Saver”.
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