At the end of 2019, my husband and I sat together to draw up our plan for 2020. We divided the year in to 4 quarters. January – March being Q1, April – June being Q2 etc. You get the gist. I’m sure your company works in a similar way when setting financial targets for the financial year.

Q1 has drawn to a close and we sat down, reviewed the targets we had set and were overwhelmed with how much we were able to achieve. Some goals we surpassed and some goals we will have to take in to Q2 as they were incomplete.

The country is currently on lockdown and we’re about to go in to an inevitable recession given the financial strain this epidemic has had across the board. Weddings have had to be cancelled, companies have gone in to administration and let’s not forget the thousands in the UK and across the world that have unfortunately lost their lives.

Taking the above in to consideration what have you had to make redundant in your life? What luxury/ habit have you had to put on pause or downgraded a little?

Treat your personal finances like a business. Cut back, make sure you have a crisis fund, but most importantly, hit those targets!