Has the COVID-19 situation impacted your financial plans negatively? - Seedly
Seedly logo
Seedly logo
 

COVID-19

Retirement

Savings

Payments

Heng Kai Le

Asked 2w ago

Has the COVID-19 situation impacted your financial plans negatively?

If so, how do you intend to get back on track? Or adapt to this situation by tweaking/changing your plans?

0 comments

1 answer

Answer Now

Answers (1)

Sort By

Most Upvote

  • Most Upvote
  • Most Recent

As always, I follow a strict budgeting process whenever it comes to my finances. Accordingly, I tend to have some surplus in my expenditure account at the end of each month. As a result, so far everything is fine and on track.

How I do My Budget:

How to create a Monthly Budget

For readers who are negatively affected, I will suggest for you to spend quality time to have a complete understanding on your cashflow. Through this process, we will understand your earning ability and spending habit.

Here is a Guide:

Understanding Your Personal Cash Flow

Thereafter, create a budget to ensure that you are not overspending your money. For the most part, maintain a basic savings ratio - do not give yourself an excuse otherwise.

I share quality content on estate planning and financial planning here.

0 comments

ūüĎć 0