Contingency Budgeting: Low, Medium, and High
Prairie Eco-Thrifter
APRIL 16, 2014
'Have you ever made a contingency budget- a plan for how you would pay your bills if you suddenly lost your income or how you would handle an unexpected windfall of cash? Have you even created a budget for your current expenses ? It can be beneficial to have a strategy in place for all three of these contingencies- or, as we’ll call them, a low, medium, and high budget.
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