Cutdown on unnecessary spending
Don’t feel guilty about occasionally splurging during quarantine. But, now that we’re settling into this new normal, it’s time to be more conscious about your spending.
Prioritize emergency funds
Reviewing your budget expenses will give you a clear picture of how much you need for necessities and how much you can save. Put aside money into your emergency funds at the start of the month before making any other expenses.
Pro tip: Financial experts recommend keeping between 3-6 months’ worth of household expenses in your emergency fund.
Don’t forget about investing
It’s a must! Investing supports your financial goals and keeps your lifestyle up. Similar to an emergency fund, put aside some money for your investments at the start of the month.
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