Create a buffer from "summary" of You Need a Budget by Jesse Mecham
When you create a buffer, you are essentially giving yourself a financial cushion. This buffer allows you to cover unexpected expenses or fluctuations in income without having to dip into your savings or rely on credit cards. It provides a sense of security and peace of mind, knowing that you have a buffer in place to handle any financial surprises that come your way. To create a buffer, start by setting aside a specific amount of money each month to build up your buffer over time. This can be done by allocating a portion of your income towards your buffer category in your budget. By consistently setting aside money for your buffer, you will gradually increase the amount of money available to cover unexp...
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