Expect the Unexpected

AuthorNick Vance

Date: March 2nd, 2018 8:00 AM

We’ve all heard the expression: hope for the best but prepare for the worst. The truth is, we have no idea how things are going to end up. You could walk in to work tomorrow and be let go. You could also walk in to work and be given a huge raise. Always hope for good things to happen, but if in your budgeting you are only prepared for the best-case scenario, you’re setting yourself up for disappointment and some tough challenges ahead

Don’t wait for all the lights to be green before you leave your home; that will never happen. When the chips do fall into place, they will usually be somewhere in between your worst-case scenario and your best-case scenario.
You need to go back and review your budget while answering this simple question
·       Is my budget optimistic, or is it realistic?
·       Do I have a rainy day fund?

BN Focus – Make any needed changes to your budget based on your answers to the questions above.

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