Based on your current expenses, how long can you live off your savings?

Do you have any large recurring bills such as your mortgage that you have to pay?

How long will it take you to pay these bills?

Do you have any credit card debt?

What can you live without? Cable, Internet, mobile phone?

Can you pay ahead the basic utility bills – for 3 to 6 months?

These are some of the questions that you should ask yourself. Especially in the current economic situation where job stability is an issue.

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Tags: quitting your job, saving
Filed under: Frugal Tips