Make Spending Plan Adjustments – Financial Literacy Spending Series
Another very important aspect of your spending plan is to make adjustments where needed. This is where the wiggle room comes in, you can see how the month goes and then make changes to your spending plan accordingly. If you have an emergency and get a flat tire that has to be replaced you can work around that. With a spending plan instead of a budget, you adjust and then keep moving forward.
Life is constantly changing and things are coming at us all the time, it is important to stay flexible and head in the right direction.
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