There are times in life where you are forced to get really serious about cutting your budget. That time was a few years back for me when my company at the time unexpectedly went belly up. A global firm in 24 countries that I invested many years in went bankrupt in a very short time span, which left every one of us with a week notice and no job.
At the time, I was in disbelief. I couldn’t believe this was happening. I felt a range of emotions about it, knowing that I had 3 young children at home that needed me to have a job and I didn’t have one any longer. I had a mortgage to pay for and a car payment, plus there needed to be food put on the table.
Now thankfully I started my first day at another company within a fairly short period of time so it could have been much worst, but at the time I thought the world was caving in on me. I had to make a decision right there and then to either get back up and dust myself off or let life take me down the drain.
So we got real serious about cutting our budget immediately… Here are some ideas to drastically cut your budget and get serious about becoming financial free.[Read More…]