WEBVTT 00:01.789 --> 00:05.289 This is a 1575 A Fn Sasao 00:05.739 --> 00:08.750 special feature . Get out your notepads , 00:08.760 --> 00:11.130 fire up your smart devices and get 00:11.140 --> 00:14.250 ready to dive into a wealth of 00:14.260 --> 00:17.209 financial knowledge . It's time 00:18.479 --> 00:22.409 for money Mondays . Show me 00:22.420 --> 00:24.198 the money , show me the money , 00:26.180 --> 00:29.930 show me the money . Welcome to Money 00:29.940 --> 00:32.162 Mondays . I'm your host , Petty Officer 00:32.162 --> 00:35.020 Julia Brockman . I've got Mr No Ka here 00:35.029 --> 00:37.930 in the studio as always . Welcome . Hey , 00:37.959 --> 00:40.349 glad to be here . Thanks . I'm glad to 00:40.360 --> 00:42.582 be here as well . So today we've got uh 00:42.582 --> 00:45.180 a pretty big topic . So we're gonna be 00:45.189 --> 00:47.300 talking about planning for life after 00:47.300 --> 00:49.479 the military . So we're gonna kick it 00:49.490 --> 00:52.220 off with a transition fund , Quiton . 00:52.680 --> 00:54.869 And definitely , um usually we say , 00:54.880 --> 00:56.991 you know , people , we say you need 3 00:56.991 --> 00:59.047 to 6 months of living expenses while 00:59.047 --> 01:01.213 you have a job and while you're in the 01:01.213 --> 01:03.213 military . But a lot of folks don't 01:03.213 --> 01:03.174 understand that it might take you a 01:03.185 --> 01:05.407 little bit longer to get a job . And so 01:05.407 --> 01:07.741 we recommend a 12 month transition fund . 01:07.741 --> 01:09.741 And so people whether or not you're 01:09.741 --> 01:11.796 thinking about getting out , right ? 01:11.796 --> 01:13.629 You should start saving for that 01:13.629 --> 01:13.474 because it might take you longer to get 01:13.485 --> 01:15.596 a job . It took me about eight months 01:15.596 --> 01:17.707 to get a job . Yeah , I've definitely 01:17.707 --> 01:19.818 heard of or had experience with a lot 01:19.818 --> 01:22.169 of friends who get out and , uh , we 01:22.180 --> 01:24.347 were talking about how some people get 01:24.347 --> 01:26.709 out on emotion and , and so they don't 01:26.720 --> 01:29.510 really have a , a job lined up ahead of 01:29.519 --> 01:31.940 time . But , uh , having a little bit 01:31.949 --> 01:34.720 of cushion , uh , definitely is a good 01:34.730 --> 01:37.008 idea . I mean , part of the transition , 01:37.008 --> 01:39.300 anything you do financially all should 01:39.309 --> 01:41.476 include a plan , whether or not you're 01:41.476 --> 01:43.531 emotional or not , you got to have a 01:43.531 --> 01:45.698 plan . Um , because basically once you 01:45.698 --> 01:47.920 get out a lot of the stuff that we have 01:47.920 --> 01:49.753 inside the military is no longer 01:49.753 --> 01:51.920 available for you . Yeah , you're just 01:51.920 --> 01:51.290 on your own . You don't have that 01:51.300 --> 01:55.160 support . Um , so how long , or how 01:55.169 --> 01:57.680 much do you suggest somebody should 01:57.690 --> 01:59.940 have ? So we say at least 12 months of 01:59.949 --> 02:02.171 your living expenses . Like , so if you 02:02.171 --> 02:04.910 spend $3000 a month , you should have , 02:04.919 --> 02:07.589 what , 36 th , 3600 , 36,000 , right ? 02:07.599 --> 02:09.520 30 about $36,000 . But that's 02:09.529 --> 02:11.529 overwhelming number . Right . So we 02:11.529 --> 02:13.696 usually tell people start with the 1st 02:13.696 --> 02:15.940 $1000 at least $1000 and start from 02:15.949 --> 02:17.949 there . Right . One of the things I 02:17.949 --> 02:19.782 usually tell people in t class , 02:19.782 --> 02:21.782 especially the single , um , junior 02:21.782 --> 02:23.893 guys , if you're getting out , try to 02:23.893 --> 02:25.893 live on a one paycheck , you know , 02:25.893 --> 02:28.060 bank , the other paycheck . As much as 02:28.060 --> 02:27.130 you can and then cut back on your 02:27.139 --> 02:29.160 living expenses a little bit . Ok . 02:29.169 --> 02:31.690 Yeah , so one paycheck per month , one 02:31.940 --> 02:33.940 paycheck per month and then put the 02:33.940 --> 02:36.162 other one into your savings and stuff . 02:36.162 --> 02:38.384 That's not a bad plan and you can label 02:38.384 --> 02:40.607 it . You know , you open up AAA check a 02:40.607 --> 02:42.718 savings account and if you federal or 02:42.718 --> 02:44.829 whoever your financial institution is 02:44.829 --> 02:46.718 and you can label it , right ? My 02:46.718 --> 02:46.570 transition fund , right ? So , you know , 02:46.580 --> 02:49.029 not to touch that money . I had a 02:49.039 --> 02:52.339 mentor back in the day who uh he always , 02:52.350 --> 02:55.490 he suggested having like multiple 02:55.500 --> 02:58.020 different accounts . And so you can 02:58.029 --> 03:00.085 kind of like almost like think of it 03:00.085 --> 03:02.899 like a virtual envelope and you can 03:02.910 --> 03:05.660 drop , you know , money into specific 03:05.669 --> 03:07.910 accounts for just those things . I 03:07.919 --> 03:10.086 totally agree with that . I like , you 03:10.086 --> 03:12.363 know , but some people can't manage it , 03:12.363 --> 03:11.940 but I totally agree with that . I like 03:11.949 --> 03:14.060 having accounts for every goal that I 03:14.060 --> 03:16.227 have and dropping the money in there . 03:16.227 --> 03:18.338 So I know what and then , like I said 03:18.338 --> 03:18.220 on behavioral finance , putting names 03:18.229 --> 03:20.285 on those things . So I know what I'm 03:20.285 --> 03:22.285 saving for and it's , it's a visual 03:22.285 --> 03:24.451 remind of like , OK , I'm putting this 03:24.451 --> 03:26.865 much into this specific thing . I think 03:26.875 --> 03:29.104 it's definitely a lot easier to keep 03:29.115 --> 03:31.785 track of visually and stuff . Um 03:31.794 --> 03:34.625 because I know for myself , I uh I 03:34.634 --> 03:36.578 think I kind of struggle with that 03:36.578 --> 03:38.801 sometimes , like in my mind , I'll know 03:38.801 --> 03:40.523 like how much I have saved for 03:40.523 --> 03:42.544 something . Um , but sometimes it's 03:42.554 --> 03:45.240 like if it's all just in one account . 03:45.250 --> 03:47.306 So it's just like , oh , did I , you 03:47.306 --> 03:49.361 know , save enough for this or did I 03:49.361 --> 03:51.528 take out enough for this other thing ? 03:51.528 --> 03:53.639 And exactly , you don't dip into your 03:53.639 --> 03:53.570 car buying , like you want to buy a car , 03:53.580 --> 03:55.747 you not want to dip into that . I just 03:55.747 --> 03:58.080 think like , oh , I have a lot of money . 03:58.080 --> 04:00.302 I'll probably be all right . But , uh , 04:00.302 --> 04:02.413 it's probably wise to , uh , break it 04:02.413 --> 04:04.524 up and , uh , have that peace of mind 04:04.524 --> 04:06.136 and , uh , a little bit more 04:06.136 --> 04:08.358 organization . But now let's talk about 04:08.358 --> 04:10.469 knowing what you make and what you'll 04:10.469 --> 04:12.524 need for where you're planning to be 04:12.524 --> 04:14.802 after the military . Yeah , definitely . 04:14.802 --> 04:16.747 Um , so a lot of folks , um , they 04:16.747 --> 04:16.660 don't , we don't really know how much 04:16.670 --> 04:18.781 we make in the military . And so they 04:18.781 --> 04:20.892 have something called R MC calculator 04:20.892 --> 04:22.726 or regular military compensation 04:22.726 --> 04:24.837 calculator . You can google it and it 04:24.837 --> 04:27.003 shows you pretty much what you need to 04:27.003 --> 04:26.765 make in the surveillance sector to have 04:26.776 --> 04:28.554 the same quality of life in the 04:28.554 --> 04:30.609 military because a lot of our things 04:30.609 --> 04:33.055 aren't taxed . So , a lot of times , uh , 04:33.066 --> 04:35.265 the folks will tell me in tap class , 04:35.276 --> 04:37.846 they'll say I'm gonna make $50,000 04:38.045 --> 04:40.552 after I leave the military and then if 04:40.562 --> 04:42.729 you go to a salary calculator , we use 04:42.729 --> 04:44.895 the smart asset , salary calculator in 04:44.895 --> 04:46.840 tap class . If you use that , that 04:46.840 --> 04:48.895 calculator . You put 50,000 in there 04:48.895 --> 04:51.118 and you put taxes in there and it comes 04:51.118 --> 04:53.284 up to be pretty much what a , what A E 04:53.284 --> 04:55.395 four makes , um , a paycheck . Well , 04:55.395 --> 04:54.492 one of the things I told you should 04:54.502 --> 04:56.724 tell folks when I transitioned from the 04:56.724 --> 04:58.669 military , my first job was , uh , 04:58.669 --> 05:00.669 making 42,500 from the fleet family 05:00.669 --> 05:02.780 sports . And when I first started and 05:02.780 --> 05:04.891 that equated to about $1800 every two 05:04.891 --> 05:07.169 weeks before taxes . Yeah , definitely . 05:07.169 --> 05:09.224 Yeah . So it's , it's not the same , 05:09.224 --> 05:11.391 it's like that , that money doesn't go 05:11.391 --> 05:13.502 the same way . It's just like , and I 05:13.502 --> 05:15.446 definitely realize that for myself 05:15.446 --> 05:17.502 because it's , uh , you know , every 05:17.502 --> 05:19.613 now and then I'll just like , look at 05:19.613 --> 05:21.835 my pay and , uh , just kind of see like 05:21.835 --> 05:24.058 how things are added and deducted and , 05:24.058 --> 05:26.169 you know , it is not lost on me how , 05:26.170 --> 05:28.648 how much , uh we benefit . Uh So it's 05:28.657 --> 05:30.824 like I get paid a certain amount , but 05:30.824 --> 05:33.528 I also , I'm not spending a lot because 05:33.537 --> 05:35.537 we get compensated for a lot of our 05:35.537 --> 05:37.759 expenses . And you should like , and so 05:37.759 --> 05:39.815 when you decide where you wanna go , 05:39.815 --> 05:41.815 you should do a co a cost of living 05:41.815 --> 05:44.093 calculator , right ? To see , you know , 05:44.093 --> 05:43.657 like , you know , are you gonna choose 05:43.667 --> 05:45.977 job over location or choose location 05:45.988 --> 05:48.099 over job ? Like I chose location ? It 05:48.099 --> 05:50.155 might take you a little bit longer , 05:50.155 --> 05:52.155 right ? And then what's the cost of 05:52.155 --> 05:51.717 living in the area that you're going 05:51.727 --> 05:53.894 through , you might get a big paycheck 05:53.894 --> 05:56.171 in one area in one part of the country . 05:56.171 --> 05:58.283 But that's because basically a lot of 05:58.283 --> 06:00.449 your expenses are gonna be high . Oh , 06:00.449 --> 06:02.505 yeah , like , uh , when I was in San 06:02.505 --> 06:04.671 Diego I was entertaining the idea of , 06:04.671 --> 06:06.894 you know , buying a house there . But , 06:06.894 --> 06:09.005 uh , I think the longer I'm away from 06:09.005 --> 06:11.116 it , I think I've kind of like , uh , 06:11.116 --> 06:13.005 kind of shied away from that idea 06:13.005 --> 06:15.256 because I'm like , the housing there is 06:15.265 --> 06:17.415 very expensive and , you know , the 06:17.425 --> 06:19.644 cost of living I'm sure across all the 06:19.653 --> 06:21.944 US is right now , but I feel like it's 06:21.954 --> 06:24.484 a little bit more in San Diego , the 06:24.553 --> 06:26.664 medium house in San Diego right now , 06:26.664 --> 06:29.104 somewhere between 1,300,000 . And you 06:29.114 --> 06:31.384 talk about with a 7% interest rate for 06:31.394 --> 06:33.561 houses . That's , that's almost like a 06:33.561 --> 06:36.674 5000 $6000 mortgage a month . Yes , I'm 06:36.683 --> 06:38.905 friends with a couple of realtors there 06:38.905 --> 06:41.072 and I think that was probably why they 06:41.072 --> 06:43.127 were kind of brainwashing me to , to 06:43.127 --> 06:45.127 get a house there . Be your friends 06:45.127 --> 06:47.294 then . But I was like , well , if they 06:47.294 --> 06:49.127 did it , I can do it but they're 06:49.127 --> 06:51.294 probably going to be paying that house 06:51.294 --> 06:53.516 off for a long time mortgage . That's a 06:53.516 --> 06:55.516 lot of money . Yeah . But then it's 06:55.516 --> 06:57.627 just like , yeah , so they make a lot 06:57.627 --> 06:59.627 of money but a big portion of their 06:59.627 --> 07:01.872 money goes into just living . Um , 07:01.881 --> 07:03.937 whereas , you know , maybe somewhere 07:03.937 --> 07:06.221 like Texas , uh , you know , you can 07:06.231 --> 07:08.992 get a lot more affordable house and 07:09.002 --> 07:11.113 land and things like that , but maybe 07:11.113 --> 07:13.280 make less and still have the same kind 07:13.280 --> 07:15.169 of quality . And then we talked a 07:15.169 --> 07:17.446 little bit earlier about offline about , 07:17.446 --> 07:19.446 um , what , how much the , how much 07:19.446 --> 07:21.446 military paychecks would they pay ? 07:21.446 --> 07:23.613 Right . So , like , military will tell 07:23.613 --> 07:25.669 me the expenses , what's the biggest 07:25.669 --> 07:27.780 thing they spend on is food , right ? 07:27.780 --> 07:27.179 And I was telling you that the biggest 07:27.190 --> 07:29.412 expenses that , um , civilians spend on 07:29.412 --> 07:31.523 is transportation and housing , about 07:31.523 --> 07:33.190 50% of their paycheck will be 07:33.190 --> 07:35.301 transportation and housing when I was 07:35.301 --> 07:37.959 in Florida . Um , I lived in kind of 07:37.970 --> 07:40.829 like a smallish town and my job was 07:40.839 --> 07:44.260 like , 45 minutes just driving . So I 07:44.269 --> 07:46.491 was like , that's 45 minutes each way . 07:46.491 --> 07:48.547 I was like , I was spending a lot of 07:48.547 --> 07:50.713 gas . So I was spending like , my main 07:50.713 --> 07:52.970 expenses were car insurance , gas and 07:52.980 --> 07:55.859 rent . I was like , and the rest of 07:55.869 --> 07:58.147 that was like , maybe I can , you know , 07:58.147 --> 08:00.450 go out to eat once or twice this week 08:00.459 --> 08:04.410 and now it's like the opposite . All of 08:04.420 --> 08:06.839 my money goes to going out to eat and 08:06.850 --> 08:10.649 Amazon . Yeah , definitely . So 08:10.769 --> 08:12.880 when a lot of folks , when they think 08:12.880 --> 08:15.047 about transitioning , they don't count 08:15.047 --> 08:16.936 into the fact that they don't pay 08:16.936 --> 08:16.850 medical insurance right now . Right . 08:16.859 --> 08:19.320 Um , so usually I usually tell people 08:19.329 --> 08:21.496 that your W-2 is fake because a lot of 08:21.496 --> 08:23.607 your stuff is not taxable . We're not 08:23.607 --> 08:25.607 paying for health insurance and all 08:25.607 --> 08:25.209 that other stuff . Health insurance . 08:25.220 --> 08:27.387 Civilian sector will run an individual 08:27.387 --> 08:29.839 usually about $600 a month if they're 08:29.850 --> 08:31.850 not on their company plan , company 08:31.850 --> 08:34.017 plan is a little bit cheaper . Right . 08:34.017 --> 08:36.017 But they usually run a family about 08:36.017 --> 08:38.239 1112 $100 a month . That's , that's not 08:38.239 --> 08:38.179 even going to the doctor . That's not 08:38.190 --> 08:40.320 even copay copayments and things like 08:40.330 --> 08:42.441 that . That's just your premium every 08:42.441 --> 08:44.608 month that you have to pay for , which 08:44.608 --> 08:46.830 we don't pay for that . That is crazy . 08:46.830 --> 08:49.052 And then you guys are we talking uh you 08:49.052 --> 08:52.940 and uh DJ Big Sky were talking about um 08:52.950 --> 08:55.006 if you don't have health insurance , 08:55.006 --> 08:56.783 there's like a penalty . Yeah . 08:56.783 --> 08:58.617 Affordable Care Act , right ? So 08:58.617 --> 09:00.839 basically most Americans should have to 09:00.839 --> 09:00.719 have a health insurance . Otherwise you 09:00.729 --> 09:02.785 could be penalized to the Affordable 09:02.785 --> 09:04.951 Care Act . So we're covered because we 09:04.951 --> 09:06.951 have Tricare me as a retiree . They 09:06.951 --> 09:08.951 give me a statement on my pay every 09:08.951 --> 09:11.173 year that I submit with my taxes to say 09:11.173 --> 09:13.285 that I have health insurance . Yeah , 09:13.285 --> 09:15.396 that's uh that's pretty . Uh so there 09:15.396 --> 09:17.562 you go . So the civilians are paying , 09:17.562 --> 09:19.618 you know , high health insurance and 09:19.618 --> 09:21.229 rent and you know , probably 09:21.229 --> 09:23.340 transportation and all kinds of crazy 09:23.340 --> 09:22.799 things in . So that's why everybody's 09:22.809 --> 09:25.650 so stressed out , right ? Yeah , I'm 09:25.659 --> 09:29.179 like let me stay a little longer . But 09:29.190 --> 09:32.419 what are some other differences between 09:32.429 --> 09:34.596 the two ? Yeah , and then , you know , 09:34.596 --> 09:36.596 the other thing is , is that , um , 09:36.596 --> 09:39.450 that , you know , we , we don't know 09:39.460 --> 09:41.516 what we make , we don't know what we 09:41.516 --> 09:43.738 spend or what we would have to spend in 09:43.738 --> 09:45.849 there . Um , so , and then it's a lot 09:45.849 --> 09:48.016 harder in some places , like if you to 09:48.016 --> 09:49.960 get a job based on , you know , we 09:49.960 --> 09:51.738 think like that everybody who's 09:51.738 --> 09:54.016 qualified gets a job but not everybody , 09:54.016 --> 09:56.238 um , who's qualified does get the job . 09:56.238 --> 09:58.349 And so you may have the plan for that 09:58.349 --> 10:00.571 longer . I had a friend of mine got out 10:00.571 --> 10:02.738 in 2020 he was a lieutenant and he was 10:02.738 --> 10:04.849 told that he had to go to , uh , fill 10:04.849 --> 10:06.960 out 20 applications at a job fair and 10:06.960 --> 10:06.830 he laughed at it . He thought it was , 10:06.840 --> 10:09.007 they were joking and then eight months 10:09.007 --> 10:11.340 later , he was still unemployed . Right . 10:11.340 --> 10:13.618 And so he finally got hired on by NASA , 10:13.618 --> 10:13.320 but it was kind of like an eye opening 10:13.330 --> 10:15.274 experience for him . He did have a 10:15.274 --> 10:17.386 transition fund , but he had invested 10:17.386 --> 10:19.441 in the stock market , which wasn't a 10:19.441 --> 10:21.552 good thing at the time . Right . So , 10:21.552 --> 10:21.159 just something other options to think 10:21.169 --> 10:23.336 about . And we're talking planning for 10:23.336 --> 10:25.558 life after the military . We've covered 10:25.558 --> 10:28.070 a few topics already . But let's talk 10:28.080 --> 10:31.140 about Taps and Fleet and Family Support 10:31.150 --> 10:33.950 Center and some of their resources that 10:33.960 --> 10:36.127 they have . Definitely , I think we're 10:36.127 --> 10:38.293 like one of the unutilized resources . 10:38.293 --> 10:40.460 Right . So let's talk about tap . So I 10:40.460 --> 10:42.627 usually tell people , um , they should 10:42.627 --> 10:44.738 go , at least one , they should go at 10:44.738 --> 10:46.627 least 2 to 3 times to tap because 10:46.627 --> 10:48.738 there's a lot of information that can 10:48.738 --> 10:50.960 be overwhelming . And if you're married 10:50.960 --> 10:50.390 or have a partner , significant other , 10:50.489 --> 10:52.545 you should drag them to tap with you 10:52.545 --> 10:54.600 because they need to understand what 10:54.600 --> 10:56.711 goes on there . Right . Um , so tap , 10:56.711 --> 10:58.656 um , will talk to you about resume 10:58.656 --> 11:00.878 writing , finances , a lot of different 11:00.878 --> 11:02.989 subjects and then there's a fleet and 11:02.989 --> 11:05.100 family support center piece on that . 11:05.100 --> 11:04.979 So you went through tap . Now , you 11:04.989 --> 11:07.045 know , you plan on getting out , you 11:07.045 --> 11:09.322 need a resume . We have resume writing . 11:09.322 --> 11:11.489 We have the family employment resume , 11:11.489 --> 11:13.711 um , family employment , um , program . 11:13.711 --> 11:15.822 And we also have people in there will 11:15.822 --> 11:15.419 teach you how to write resumes . 11:15.429 --> 11:17.485 There's two different types . Mostly 11:17.485 --> 11:19.707 there's a , um , a federal resume which 11:19.707 --> 11:21.818 is pretty long , it's like a book and 11:21.818 --> 11:23.873 then there's private sector resume , 11:23.873 --> 11:26.207 which is usually about one or two pages . 11:26.207 --> 11:28.609 Ok . So , do you guys help people write 11:28.619 --> 11:30.619 them or just , like , review it for 11:30.619 --> 11:32.619 them ? Yeah . So what they'll do is 11:32.619 --> 11:34.452 they'll come in and give you the 11:34.452 --> 11:34.369 different examples like chronological 11:34.380 --> 11:36.900 or , or , um , um , um , resumes , 11:37.090 --> 11:39.257 you'll write your resume but they'll , 11:39.257 --> 11:41.368 they'll help you , they'll give you a 11:41.368 --> 11:43.368 guide to write those . And then the 11:43.368 --> 11:45.534 basically thing is they'll proof check 11:45.534 --> 11:47.812 it for you and give you feedback on it . 11:47.812 --> 11:47.604 They're not gonna write it for you . 11:47.765 --> 11:49.932 But , but basically because you know , 11:49.932 --> 11:52.154 basically give you because if you don't 11:52.154 --> 11:54.209 know what's on your resume , right ? 11:54.209 --> 11:56.265 What's gonna , what's gonna happen ? 11:56.265 --> 11:55.325 You go to a job interview and they're 11:55.335 --> 11:57.502 gonna ask you stuff on your resume and 11:57.502 --> 11:59.668 you're not gonna know you're not gonna 11:59.668 --> 12:01.779 be able to answer , right ? So , what 12:01.779 --> 12:04.002 are some other tools you got ? Uh , job 12:04.002 --> 12:06.224 searching and job search ? And then you 12:06.224 --> 12:05.979 can come talk to me or Navy Marine 12:05.989 --> 12:08.100 Corps lie . Not only fleet families , 12:08.100 --> 12:10.322 Navy Marine Corps lief , you can get um 12:10.322 --> 12:12.378 we have a budget sheet that has what 12:12.378 --> 12:14.545 you make . Now we'll show you what you 12:14.545 --> 12:14.409 make now and what you have to make . Um 12:14.419 --> 12:16.586 or what you think you're gonna make in 12:16.586 --> 12:18.530 civilian sector and we can look at 12:18.530 --> 12:20.419 areas that maybe you can cut your 12:20.419 --> 12:22.641 expenses . Now , there's a lot of stuff 12:22.641 --> 12:22.580 that you can cut out . Now , I'll have 12:22.590 --> 12:24.701 you usually track your expenses for 3 12:24.701 --> 12:26.868 to 4 weeks . So you know what you're , 12:26.868 --> 12:29.201 what you're making and things like that . 12:29.201 --> 12:30.979 So , but there's a lot of other 12:30.979 --> 12:33.034 resources there um to help you out . 12:33.034 --> 12:35.201 And then we were talking earlier about 12:35.201 --> 12:37.201 uh job searching tools . Yeah , USA 12:37.201 --> 12:39.090 jobs is a great tool . So there's 12:39.090 --> 12:41.368 different kind of jobs in solve sector . 12:41.368 --> 12:43.534 I'm a contractor , right ? But there's 12:43.534 --> 12:45.868 a lot of people who wanna go government , 12:45.868 --> 12:45.400 right ? They need to go to USA jobs . 12:45.489 --> 12:47.711 And I know MC one was talking about the 12:47.711 --> 12:51.280 two different um uh uh two different um 12:51.289 --> 12:54.000 government jobs is uh GS employees and 12:54.010 --> 12:56.066 then there's N A employees , right ? 12:56.066 --> 12:57.899 And they come from two different 12:57.899 --> 12:59.677 funding packages . One's funded 12:59.677 --> 13:01.843 differently . And so yeah , you can go 13:01.843 --> 13:04.010 on usa jobs and start looking at stuff 13:04.010 --> 13:06.177 linkedin is another asset . Usually if 13:06.177 --> 13:08.510 you're within one year of transitioning , 13:08.510 --> 13:08.229 you get linked in premium for free . 13:09.229 --> 13:11.340 And uh can you tell us the difference 13:11.340 --> 13:13.007 between those two types of uh 13:13.007 --> 13:15.007 government jobs you're mentioning ? 13:15.007 --> 13:17.118 Yeah , so non appropriated government 13:17.118 --> 13:19.007 um GSGS usually comes out the the 13:19.007 --> 13:20.785 federal government budget , non 13:20.785 --> 13:22.896 appropriated funds comes from another 13:22.896 --> 13:25.118 pool of money , right ? Usually through 13:25.118 --> 13:27.340 other things like MWRS , their jobs are 13:27.340 --> 13:29.507 non appropriate funds , how they raise 13:29.507 --> 13:29.070 um earnings and stuff like that and 13:29.080 --> 13:31.136 they'll use that kind of money for , 13:31.136 --> 13:33.191 for doing different pot . One of the 13:33.191 --> 13:35.191 things is the overseas GS employees 13:35.191 --> 13:37.413 usually have what they call a five year 13:37.413 --> 13:39.691 rule . They can be extended by the CEO , 13:39.691 --> 13:39.609 but usually they're only here for five 13:39.619 --> 13:41.730 years and they have to go back to the 13:41.730 --> 13:43.841 States NF employees as of right now . 13:43.841 --> 13:46.063 There's no five year old , they will be 13:46.063 --> 13:48.286 evaluated periodically , but there's no 13:48.286 --> 13:50.452 five year rule requirement for them to 13:50.452 --> 13:52.789 go back to and is what defines the two 13:52.799 --> 13:54.688 types . It's just , it's just how 13:54.688 --> 13:56.799 they're set up like a lot of jobs now 13:56.799 --> 13:59.021 are being set up for N A vice . Um GS , 13:59.109 --> 14:01.580 it's just um government the , the , the 14:01.590 --> 14:05.544 way the system . Ok . Sounds good . Um 14:05.554 --> 14:07.776 Well , is there anything else you wanna 14:07.776 --> 14:09.984 add uh before we close it out ? Yeah , 14:09.994 --> 14:11.827 folks , if you're gonna make the 14:11.827 --> 14:14.050 transition , do it for yourself , don't 14:14.050 --> 14:16.216 do it for your leadership but don't do 14:16.216 --> 14:18.438 it for somebody else . Make sure you're 14:18.438 --> 14:20.605 doing your homework , make sure you're 14:20.605 --> 14:19.945 planning . Everything is all about 14:19.955 --> 14:21.899 planning . There is life after the 14:21.899 --> 14:24.066 military . This will be what the , the 14:24.066 --> 14:26.233 17th year , 18th year I've been , I've 14:26.233 --> 14:28.344 been retired . So there is life after 14:28.344 --> 14:30.344 the military , but you gotta have a 14:30.344 --> 14:32.399 plan and use all the benefits . Post 14:32.399 --> 14:34.677 911 . All things are out there for you . 14:34.677 --> 14:34.409 All right . Well , there you go . 14:34.419 --> 14:36.729 There's tons of resources and uh people 14:36.739 --> 14:38.906 there to help you make that transition 14:38.906 --> 14:42.369 easier . Um So the big takeaway here is , 14:42.479 --> 14:44.701 is a plan , plan , plan , save , save , 14:44.701 --> 14:48.440 save and uh use your resources to make 14:48.450 --> 14:50.859 that happen . Well , that's gonna be it 14:50.869 --> 14:53.679 for us here on Monday . Mondays , Mr No , 14:54.200 --> 14:57.010 KA , as usual and DJ Jewel Julia 14:57.020 --> 14:59.700 Brockman here on Monday , Mondays . 14:59.710 --> 15:01.580 I'll see you guys next time .