Have you gotten stuck while trying to make a financial budget?

[Trush Jodie]

I don't know if this happens to any of us but there are times that one is trying to make a financial budget and they don't even know how to go about it. They get stuck with it because there are many needs to be accommodated and less financial resources to carry everything.

Have you ever been stuck trying to make a budget? How did you deal with that?

 

[Springtime]

When preparing a budget, if you find expenses exceed income, you have to either think of how to earn more money or cut expenses.

 

[Kera]

When preparing a budget, if you find expenses exceed income, you have to either think of how to earn more money or cut expenses.

That is where the dilemma lies. How do you cut the expenses when all of them are absolute necessities?

 

[King Belieal]

Most times, when I am at this point, I just leave that budget and work it later. This time, with a realistic angle.

 

[Fire&Rain]

When those times arise, it's best to start looking for a side hustle that pays enough to help with the financial crisis. For that period, burry your head in the sand and accept that some necessities you will have to get by my without them and hope for a better future.

 

[Augusta]

When preparing a budget, if you find expenses exceed income, you have to either think of how to earn more money or cut expenses.

This is just common logic. This is why it is good to even make a budget to work effectively with it

 

[eLdavis]

I have experienced this several times before, I believe this is pretty common. Having multiple sources of income would be one of the best ways to overcome this though.

 

[Starmix]

I experienced it one time but I immediately adjusted the items I need to buy. I ranked the items as to the most essential.