Suppose you found yourself in a position where your monthly, Financial Management

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Suppose you found yourself in a position where your monthly

Suppose you found yourself in a position where your monthly level of income was cut in half. Assume this misfortune will persist for the long term. Discuss the effect such a salary reduction would have on your current lifestyle. What conclusions can you draw? What changes would you make regarding your expenses and how would you implement any new financial strategies?

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