Evaluating Your Current Situation

Introduction to Personal Finance
An Overview for State Family Program Directors, Wing Family Program Coordinators, and Families.

Introduction

Evaluating Your Situation

Budgeting & Debt Management

Goals & Plans

Insurance & Disability Planning

EVALUATING YOUR CURRENT SITUATION

1.	Getting Started
	1.1	Determine Your Net Worth
	1.2	Determine Your Net Income
	1.3	Military Pay and Your Leave and Earnings Statement (LES)
	1.4	Veterans Eligibility and Benefits
	1.5	Basic Allowance for Housing (BAH)
	1.6	Clothing Allowance
	1.7	Learning Check

1. Evaluating Your Current Situation - Getting Started

Two persons on top of a hill looking down.

Knowing where you stand today in terms of your finances is the first step in developing any financial plan.
Worksheet 1: “How Much Are You Worth?” is designed to give you a "snapshot" of your current financial situation.
The worksheet will help you determine your net worth (your assets minus your liabilities) and what resources you can apply to meet your goals.

Right-click on the hyperlink and choose "save target as..." to download all worksheets used in this course, including Worksheet 1: "How Much Are You Worth?"