According to a Bankrate survey, over half of Americans don't have a 3-month emergency fund saved, and nearly two-thirds (65%) of British people say they wouldn’t last three months without borrowing money. And as inflation and economic uncertainty continue to affect the U.S. and the U.K., it’s ever so important to budget for a big life event.
Since we all go through important life events like having a baby, getting married, or when our children or grandchildren start college, we need a big sum of money. So it’s important to plan ahead to manage our expenses effectively.
This is why we’ve created a step-by-step guide on creating a life event financing plan.
We’re here to let you in on a little secret on how to actually get your finances in order so you can budget for your important event.
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