Here's how making a budget can compensate for a loss in income

Here's how making a budget can compensate for a loss in income

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Your budget may be overdue for an update, and it's especially important to reevaluate if your income has changed over the last year. A loss of income can be the perfect time to


reevaluate how you handle your money, according to Delano Saporu, founder of New Streets Advisors Group. Check out this video for a full breakdown of how you can adjust your finances to


accommodate a change in income. MORE FROM INVEST IN YOU: 7 money moves to make now to start the new year strong Trump signs off on $600 checks; vote on $2,000 payments still happening The


steps you need to take to prepare for financial emergencies in 2021 SIGN UP: Money 101 is an 8-week learning course to financial freedom, delivered weekly to your inbox. CHECK OUT: Why


January is a particularly great time to invest your money via Grow with Acorns+CNBC. _Disclosure: NBCUniversal and Comcast Ventures are investors in __Acorns__._