Whilst we thought that Covid-19 would be the hardest thing to recover from for this year, the recent unrest experienced in KwaZulu-Natal and Gauteng ruffled the finance feathers yet again for numerous companies, which left many of us trying to adapt to cuts in salaries, loss of income and working from home, which , as comforting as it sounds, brings about higher electricity bills, food costs and suddenly more work and distinction between work and relaxation. The adapting to less income is the most difficult part. In this article, we look at a few different ways and concepts into working a budget, the various types, what they each entail and which one may be the best for you. Here’s to Financial Illumination!
Photo courtesy of Global Finance Magazine