By living on half now, Suze says you'll know whether you can really afford to pay your bills if the worst happens. "When you are freaked out, that is not the time that you go through your expenses and go, 'Should I cut here?'" she says. Use this worksheet to assess your expenses—and cut as necessary.
Suze says to try living on half for six months. "Chances are, it will take you six months to eight months to one year [to find a job]," Suze says. "See what would happen if recession really hit into your lives. Would you be able to make it?" Get Step 2 »
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