What to do in a situation where money simply does not seem sufficient to cover living expenses? Such a situation can befall anyone, for example, in the event of a lay-off or becoming unemployed. In the face of this new situation, it is important to plan a new budget and calculate the difference between revenue and expenditure.
Possible to get unemployment benefits?
How much is billed and rented per month, and how much is it possible to get unemployment benefits? You can use our Excel budget to help you budget. This will help you keep your revenue and expenditure in line!
What if I don’t have enough money?
First, try to cut down on unnecessary expenses – here are 6 easy savings tips to save money.
Along with easy savings tips, it might be a good idea to think about what else you can do to reduce your monthly spending. Here are some tips to keep in mind:
1. Renewal of payment plans
Feel free to contact your creditors and ask for a chance to renew your payment plans. Most companies can be very understanding and flexible when changing their payment plan, either for free or for a fee.
Never leave your bills unpaid, thinking, for example, that a month’s delay in paying your bill won’t hurt! Contact your creditor sooner to request a more flexible payment schedule.
It is never a good idea to keep your bills unpaid, at least without contacting your creditor and being told about the delay.
2. Uncompetitive services
When was the last time you competed with your electricity company or broadband? What about your credit card or phone subscription? There are certain products that are worth competing for once a year – at least.
A simple matter like comparison can save you considerable sums per year. With a little familiarity, you can find a cheaper phone connection or broadband.
For example, credit card costs can vary widely. You can easily compare the benefits and costs of different credit cards with our free credit card comparison site:
3. Loan repayment free
Mortgage debtors are able to save on their expenses by taking advantage of mortgage repayment free
This means that the mortgage will not be paid on the normal installment, but only the interest will be paid on the loan.
However, the mortgage repayment allowance is not directly granted to everyone, but until then the homeowner has had to manage his finances carefully.
Head of the Financial Supervision Bureau, the use of mortgage repayment has been three times higher than before campaigning.
However, a mortgage is not the only loan for which you can get repayment free. Credit cards often include the option of a free month. In addition, many consumer credit and instant loans companies also offer free of charge, especially to their most conscientious customers.
You can easily compare the prices and features of different loans in our loan comparison: