When your income drops or when lifestyle cost increases, the only way to manage your life without being in financial constrain is to spend less and live more modestly, that is downgrade your lifestyle. Focus only on essentials, cut recurring expenses, and analyze what your wants are and what your needs are. Managing your lifestyle on a tight budget means you will feel less pressure for managing expenses.
Have you ever had to downsize your lifestyle?
Have you ever had to downsize your lifestyle?
