Treading through unknown territory is a part of our job. But an uncharted path that a lot of us find challenging is the transition back to civilian life. This major event might come anytime, as one approaches retirement, or as a sudden occurrence brought about by unfortunate injury.

Fortunately, there are ways to face this transition more smoothly, especially when it comes to handling our finances. And that’s what we’re going to share with you below.

Budgeting Tips for Veterans

Get a transition fund ready

It’s never too early to prepare a transition fund. This is a savings account that you build in order to keep you and your family financially stable during the first few months that you might find yourself “in-between jobs.”