Contingency Budget
January 6, 2009 by: Dave Ozment
Contingency Budget – One of the surest ways to weather a financial storm is to be prepared and there is no better time to prepare for troubles seas than when the waters are at their calmest. By anticipating how we should react in the face of a financial crisis – like a lost job for example – we have a source of comfort and confidence when such trouble arises. The Contingency Budget helps you scale down your budget in a logical and methodical method.
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I’d say you have a good point of having a contingency budget in case of emergencies. The government have contingency budget every year if I am not mistaken.
Rich´s last blog ..Figuring Annuity Calculations