Money advice often falls on deaf ears. Those who ask for advice often ignore the suggestions. There are consequences to poor money management, but most find the consequences bearable. We are now in a new phase. Money advisors plead for people to create an emergency account. We would now be in an emergency. If you have an emergency fund it may be wise to withdraw three days worth to cover unexpected expenses.
1. It's time for a bare/bear bones budget. This is a budget that includes rent, food, electric and water bill. Re work your budget and eliminate any unneccesary expenses. This the time to build a cash reserve. https://clark.com/save-money/how-to-save-money/
2. Pay off debt. https://clark.com/debt/how-to-get-out-of-debt/
3. Avoid making large purchases with debt.
3. Save the Difference.
Feel free to reach out to me if you have any questions. You can schedule a free Video Conference through my website. https://www.walletwise.org/plans-pricing