8 Crucial Tips When Living On One Income Most people would rather live on multiple sources of income than one source. However, life doesn’t always give us what we want. So, when it happens that you have to live on one income stream, how can you manage your resources and live comfortably within your means? There will be that day when you’re forced to figure things out on your own. When that day gets here, you need to make sure that you’re ready. As my mom always says: “stay ready”. Create a Budget Budgets are meant to help you spend less than you earn. But it’s not enough to just create it. You should adhere to it. You MUST stick by it if you want to live comfortably. Start with a list of the absolute most important things. These are your basic needs. We’re talking about food, groceries, electricity, water, first aid kit, and rent.
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