P E R S O N A L F I N A N C I A L M A N A G E M E N T P R O G R A M Money and the Move.

P E R S O N A L F I N A N C I A L M A N A G E M E N T P R O G R A M

Money and the Move

Money and the Move

M O N E Y A N D T H E M O V E 2

Money and the MoveMoney and the Move

•Travel pay and allowances

•Financial planning for transfers

•Moving expenses

•Ways to save

•Resources

•Travel pay and allowances

•Financial planning for transfers

•Moving expenses

•Ways to save

•Resources

M O N E Y A N D T H E M O V E 3

Travel Pay and AllowancesTravel Pay and Allowances

•Per Diem Allowance

•PCS Mileage (aka MALT)

•Dislocation Allowance (DLA)

•Temporary Lodging Expense (TLE)

•Per Diem Allowance

•PCS Mileage (aka MALT)

•Dislocation Allowance (DLA)

•Temporary Lodging Expense (TLE)

M O N E Y A N D T H E M O V E 4

Moving Overseas?Moving Overseas?

•Overseas Housing Allowance (OHA)

•Move-in-Housing Allowance (MIHA)

•Temporary Lodging Allowance (TLA)

•Cost of Living Allowance (COLA)

•Overseas Housing Allowance (OHA)

•Move-in-Housing Allowance (MIHA)

•Temporary Lodging Allowance (TLA)

•Cost of Living Allowance (COLA)

M O N E Y A N D T H E M O V E 5

Entitlements Requiring PaybackEntitlements Requiring Payback

•Advance Pay

•Advance Housing Allowance

•Advance Pay

•Advance Housing Allowance

M O N E Y A N D T H E M O V E 6

The Importance of Financial

Planning for Transfers

The Importance of Financial

Planning for Transfers

•Planning is the key

•Planning worksheets

– Financial Planning Worksheet for a PCS Move

– Estimating Travel Costs and Reimbursements

•Planning is the key

•Planning worksheets

– Financial Planning Worksheet for a PCS Move

– Estimating Travel Costs and Reimbursements

M O N E Y A N D T H E M O V E 7

Financial Planning Worksheet for a PCS MoveFinancial Planning Worksheet for a PCS Move

IncomeIncome

ExpensesExpenses

M O N E Y A N D T H E M O V E 8

Estimating Travel Costs & ReimbursementsEstimating Travel Costs & Reimbursements

• www.militaryonesource.com

• www.housing.navy.mil/onestop/

• http://perdiem.hqda.pentagon.mil/perdiem/

M O N E Y A N D T H E M O V E 9

PCS Transfer ExpensesPCS Transfer Expenses

•House hunting trip

•Move out

•Exceeding weight limitations

•Insurance

•Creditor and Credit Reports

•House hunting trip

•Move out

•Exceeding weight limitations

•Insurance

•Creditor and Credit Reports

M O N E Y A N D T H E M O V E 10

PCS Transfer ExpensesPCS Transfer Expenses

•Miscellaneous Expenses

•Loss of spouse’s income

•Medical and Dental

•Pets

•Passports and Visas

•Car Preparation

•Miscellaneous Expenses

•Loss of spouse’s income

•Medical and Dental

•Pets

•Passports and Visas

•Car Preparation

M O N E Y A N D T H E M O V E 11

POVsPOVs

•Government pays to ship one vehicle overseas

•Government pays storage fees up front

•Government will ship POVs stateside as long as it doesn’t cost any more than to drive there

•Government pays to ship one vehicle overseas

•Government pays storage fees up front

•Government will ship POVs stateside as long as it doesn’t cost any more than to drive there

M O N E Y A N D T H E M O V E 12

Expenses In TransitExpenses In Transit

•Driving costs

•Overnight accommodations

•Food and miscellaneous expenses

•Fun

•Driving costs

•Overnight accommodations

•Food and miscellaneous expenses

•Fun

M O N E Y A N D T H E M O V E 13

Expenses at New Duty StationExpenses at New Duty Station

• Temporary lodging and food

• Laundromat

• Utility/telephone deposits

• Rental deposits/house purchase closing costs

• Extra long distance phone calls

• Temporary lodging and food

• Laundromat

• Utility/telephone deposits

• Rental deposits/house purchase closing costs

• Extra long distance phone calls

M O N E Y A N D T H E M O V E 14

Expenses at New Duty StationExpenses at New Duty Station

•Cleaning supplies/restocking food supplies

•Insurance

•Car registration/licenses/Personal property tax

•Miscellaneous

•Cleaning supplies/restocking food supplies

•Insurance

•Car registration/licenses/Personal property tax

•Miscellaneous

M O N E Y A N D T H E M O V E 15

Cost Cutting Cost Cutting

•Yard sales

•Change of address

•Bill paying

•Reference letters

•National providers

•Yard sales

•Change of address

•Bill paying

•Reference letters

•National providers

M O N E Y A N D T H E M O V E 16

More Cost-Cutting IdeasMore Cost-Cutting Ideas

•Checking and saving accounts

•Loan pre-qualification/pre-approval

•Military facilities

•Dependent healthcare

•Sponsor

•WIC

•Checking and saving accounts

•Loan pre-qualification/pre-approval

•Military facilities

•Dependent healthcare

•Sponsor

•WIC

M O N E Y A N D T H E M O V E 17

Who Can Help?Who Can Help?

•Command Financial Specialist

•Fleet and Family Support Center

•Personal Property Shipping Office

•PSD or Disbursing Clerk

•Navy-Marine Corps Relief Society

•Command Financial Specialist

•Fleet and Family Support Center

•Personal Property Shipping Office

•PSD or Disbursing Clerk

•Navy-Marine Corps Relief Society

M O N E Y A N D T H E M O V E 18

Helpful Web Sites for the Military MoveHelpful Web Sites for the Military Move

•See the websites listed on the Financial Planning Worksheet for a PCS Move

•See the websites listed on the Financial Planning Worksheet for a PCS Move

M O N E Y A N D T H E M O V E 19

SummarySummary

• Financial planning

• Travel pay and allowances

• Expenses

• Ways to save

• Resources

• Financial planning

• Travel pay and allowances

• Expenses

• Ways to save

• Resources

M O N E Y A N D T H E M O V E 20

Print Your CertificatePrint Your Certificate

Click on the following link to add your name to the certificate and print it:

Money and the Move