What should you do if your expenses exceed your income?Assume that your income will go up and keep spending the same wayBorrow what you need to make up the differencePlug spending leaksPay your fixed expenses in advance
Question
What should you do if your expenses exceed your income?Assume that your income will go up and keep spending the same wayBorrow what you need to make up the differencePlug spending leaksPay your fixed expenses in advance
Solution
If your expenses exceed your income, here are the steps you should take:
- Analyze Your Budget: The first step is to understand where your money is going. Make a list of all your monthly expenses and compare it with your income.
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