How to Write Your Crisis Budget
It’s time to plan our way through the rest of this pandemic
We’re living in a time right now when people are finding themselves unable to pay their bills. They’ve not done anything wrong, and they’ve not been irresponsible, they’ve just been wiped out by the crisis that financial experts have been warning us about for years.
For those of us who believed the financial soothsayers and have saved up a sizeable crisis savings account, you should be commended for your discipline and forethought.
But for the rest of us, it’s time to start writing our crisis budget so that we can get through this pandemic without losing our homes.
Get Out Those Highlighters
Before we begin to look forward, we need to look back.
To write a budget of any kind, we first need to understand how we’ve been spending our money over the past three months.
We need to open up an Excel spreadsheet, load up our bank history, and start typing everything we’ve spent money on.
We should be as specific as we can when typing in what each item was, how…
