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Edition of August 6, 2013

6. 11 Days of Furlough: a $ Planning Calendar “plan your use of available time and money” a presentation from Army Community Service (ACS) of USAG Rock Island Arsenal. Edition of August 6, 2013. “Uncle Jon” Cook Survivor Outreach Services – Financial Counselor

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Edition of August 6, 2013

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  1. 6 11 Days of Furlough:a $ Planning Calendar“plan your use of available time and money” a presentation from Army Community Service (ACS) of USAG Rock Island Arsenal Edition of August 6, 2013

  2. “Uncle Jon” Cook • Survivor Outreach Services – Financial Counselor • Financial Readiness Program • Personal Financial Management (PFM) Specialist • Accredited Financial Counselor (AFC) from AFCPE • Army Emergency Relief (AER) • Notary Public • Employment Readiness Program • Military Spouse Employment Program (MSEP) • (Former) Professional in Human Resources (PHR) & (Former) Certified Workforce Development Professional (CWDP) (309) 782 - 0815 1 – 877 – 882 – 0523 jon.c.cook.civ @ mail. mil www. riamwr. com / acs / financial-readiness

  3. Bottom Line Up Front (BLUF) • Prioritize expenses with each of your4 reduced pay checks. • Purposes • To enable DoD Civilian Employees to: • Plan their use of available time. • Consider the personal financial management aspects of the furlough. • Note how the dates, days and months are arranged. • Scope and Limitations • Assumes that DoD proceeds and continues with a 11 day furlough starting the week of July 8, 2013. • Each organization and employee is impacted differently. 6

  4. http://readyarmy.ria.army.mil Ready Army is the Army’s proactive campaign to increase the resilience of the Army community and enhance the readiness of the force … www. military saves. org

  5. By the Numbers # 6 furlough days 6 week spread 4 pay periods and paychecks impacted 1stpaycheck -10% 2nd & 3rd paychecks -20% 4th paycheck -10% 3 months impacted (July – September)

  6. July 11Last full paycheck;Last chance to save! July 2013 The “Little 10%” Shock July 25 - #1First reduced pay check: 1 furlough day = -10%

  7. August 8 - #2Second reduced pay check: 2 furlough days = -20% August 2013 The “Big 20%” Shock Pay days 2 & 3 = -20%

  8. SEP 5 - #4 Last reduced pay check September 2013 Pay day #4 = - 10 % SEP 19 - #5 Full pay check

  9. MS Excel Spreadsheets and Worksheets www.riamwr.com/acs/financial-readiness/ Money Allocation Plan ($ MAP) [budget] in Weekly Bands (309) 782 – 0815 jon.c.cook.civ@ mail. mil

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