Review: Start by reviewing your budget and tracking your spending for a couple of months. This will give you a big-picture overview of your situation.
Once you have a good idea of what you’re spending, consider what you would cut if your income disappeared. Assign priorities: Give each category in your budget a priority ranking so that you know when and how to make cuts.
You can make your categories as general or detailed as you want, but assign every spending category in your budget a priority so you can cut things swiftly if/when needed.Read more on success.com