Finance / Money

You might have experienced more expenses in the last month compared to your income. Unfortunately, this situation will continue. There will be unexpected travel, medical, and shopping expenses. Hence, your savings will drain out very fast. You may also need to rely on your savings or credit card to meet commitments. To make things worse, your income could also go down due to unemployment or other reasons.

Still, it is a good time to buy and move into your new home. Home furnishing will cost a lot of money this month. Even otherwise, you will end up spending money on renovation or repair expenses. You will slowly start to panic around March 26, 2025, as your bank savings accounts will run low.
Avoid lending and borrowing money as much as possible. It is also a good idea to apply for a credit card or home equity loan this month. There is a chance that your credit score will take a big hit in the next 12 weeks. Seeking advice from a financial planner can help you manage your budget and expenses effectively.