How To Create Your Worst-Case Scenario Budget

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How To Create Your Worst-Case Scenario Budget
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While the COVID-19 crisis is sweeping across the world, many people are losing their income while there is no relief when it comes to bills and other necessities.

Review Your Typical Flexible Spending

Flexible spending is spending that you generally have more control over, but it doesn’t mean it’s all spending that can be completely cut out. These categories can include:Many items that fall under flexible spending are important and even imperative. But it’s still necessary to have an understanding of how much you spend outside of your fixed costs. If you don’t know how much you’re spending, it’s impossible to make changes, if necessary.

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