There are lots of posts here about pensions, but what about day to day money management.
I am not expecting my employer to pay my wages in full (they will pay the basic but not the additional hours I have been working). I am not expecting my tenants to pay rent at the end of the month.
How should I cut my outgoings.
My mortgages are the only outgoing that is comparable in size to my expected drop in income.
Should I use my savings to pay my home mortgage or my investment mortgage, or should I leave them unpaid this month.
Should I cancel the DD for the electricity bill.
My instinct is to pay in March and consider again in April, but perhaps that is just reluctance to take a decision.
Any opinions
I am not expecting my employer to pay my wages in full (they will pay the basic but not the additional hours I have been working). I am not expecting my tenants to pay rent at the end of the month.
How should I cut my outgoings.
My mortgages are the only outgoing that is comparable in size to my expected drop in income.
Should I use my savings to pay my home mortgage or my investment mortgage, or should I leave them unpaid this month.
Should I cancel the DD for the electricity bill.
My instinct is to pay in March and consider again in April, but perhaps that is just reluctance to take a decision.
Any opinions