![]() ![]() Your cash flow is what allows you to pay for everythingīudgeting should be something that everyone does, regardless of their financial situation, as it is a great tool for managing one’s finances. A budget, also known as cash flow, is arguably more important than the actual cash that you have in your bank and investment accounts. The importance of budgeting cannot be understated. This has made it imperative that everyone no matter the status must have an emergency fund. With businesses shut down for months, many companies could not afford to pay their workers and even after businesses resumed, many people lost their jobs due to the new norm of working from home. However, the 2020 COVID-19 pandemic has taught the world that the unforeseen could turn the world on its head. ![]() When one is comfortable with a well-paying job, steady income stream, good accommodation, a couple of top notch cars, one is tempted to believe that downsides do not happen. ![]()
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