Does this sound like you?
You have worked for the same company for the past 5 years, working about 80-85 hours a week plus time and a half for any time after 45 hours. The company has now decided to end overtime and you will only be paid for a 40 hour week. You have always used the overtime pay to make monthly payments and now you won’t have enough to get by. What can you do?
What can you do?
You first need to identify where your problem areas are before you begin saving money. By writing out a list of your monthly income and expenses, you will be able to pin point which expenses you can afford to make changes to. The easiest way to solve monthly budget issues is to find ways to make more money, or by spending less. If neither of these options seems plausible, you may need to consider a debt management plan or even bankruptcy. For further information, click here.
