1. Rework your budget according to your new reality
Recently your revenues have perhaps fallen. Your expenses as well. You’ve stopped certain activities (going out to a restaurant or to see a film). Certain services have been interrupted (day care, for example). As for the price of gas, it has fallen.
More than ever, this is the time to update your budget. Fortunately, there are online tools to help simplify the task.
Are your revenues and expenses still in balance? If so, continue being vigilant. If not, try and figure out if some adjustments can be made.
In periods of instability, the priority must be essential expenses. Avoid all unnecessary expenses, for example, unneeded online purchases.