A job loss hurts.
Obviously,emergency funds are a mustfor staying afloat when you lose a job.
But it’s important to take a hard look at your monthly expenses, too.
Finance writer Donna Freedman of Credit.com suggests food.
Contact your local utility providers.
Transportation is another place to cut.
Having grown up in a rural area, I know that the car-free life isn’t always possible.
We’ve talked about this a bit before.
It helps to focus your money saving efforts on thecategories with the biggest payoff.
However, there are usually plenty of ways to save on food, utilities, and transportation.
For more detail, check out the full post at the link below.
How to Adjust Your Budget When Your Income Drops Off| Credit.com
Photo byImages Money.
