Reported 2 days ago
Rachel Cruze emphasizes the importance of budget creation and financial management to avoid falling into debt amidst economic challenges. She recommends five key actions: use a budget to gain control over finances, aim to maintain a positive balance by cutting unnecessary expenses, build a starter emergency fund of $1,000, increase earnings through side jobs, and ultimately grow your emergency savings to cover three to six months of expenses. These steps, she argues, provide financial stability and peace of mind.
Source: YAHOO