ABC budget: Use the ABC budget to stretch your money. There are times when we need to apply the brakes on spending and therefore need to categorise our expenses.

⭐ A - Essential expenses for survival. You can't do without them e.g. food ⭐ B - These expenses are important, but if push comes to shove, you can find an alternative or do without it. ⭐ C: Expenses that bring enjoyment to your life but you have the option of cutting them out without your life significantly falling apart. Cut what you can from the B's and C's to stretch your money. This will give you time as you figure out your next steps, especially if your income has been affected.

Credits: Centonomy/Waceke Nduati Omanga

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