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Showing posts from November 4, 2018

The Waste-Not Plan: Fiscal Fire Drill

When I thought of the title for this blog post I had this little thrill, like, "Wow, if I can come up with something like financial fire drill, I must be really cut out for this blogging thing!" I started planning what I would do with the money when sponsors started paying to advertise on my site, and made a note that I really need to at least outline my planned cookbook. And then I googled financial fire drill and found out that literally every financial blogger talks about them, and so do most of the frugality bloggers. Oh well. What most people mean when they talk about a financial fire drill (outside the investment world) is to write down a plan of how to pare back expenses if you lose your job or have a major expense that suddenly arises. Things like having a list of non-essential monthly services that you need to cancel (like Netflix and your YMCA membership), knowing in advance how to apply for student loan deferment, and having some idea of what your minimum gro