LPT: Set Aside a Dedicated Fund for Impromptu Expenses
LPT: Set Aside a Dedicated Fund for Impromptu Expenses When budgeting, it’s common to allocate a buffer amount for unexpected or emergency expenses. However, this approach might fall short if the buffer is too small or the expenses exceed expectations. To better manage such situations, consider setting aside a separate fund specifically for impromptu expenses, covering a period of six months to a ye…