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Handling A Cash Flow Crunch: Tips For Surviving A Financial Shortfall

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Executive Summary

It can happen to the best of us. A sudden emergency or a bad alignment of due dates and wham! A pile up of bills and not enough money to pay them. This paper help you how to manage cash flow and avoid money shortages in the future. Prepare a bare-bones budget for the next month. Cut out discretionary expenses - eating out, clothes, cable TV. Switch to a cheaper cell phone plan, walk instead of taking transit, hold off on getting your hair colored - cut anything you don't absolutely need to survive. Use the money that you would normally spend in those categories to pay bills.

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