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That figure seems worrying.

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However, creating and sticking to a budget can be among the best moves youll make for your finances.

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Heres a look at five times in your life when you should reevaluate your budget.

Youll want to consider much more than just your mortgage or rent.

verify to think about ongoing homeowner costs with your revised budget.

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Consider things like joint and separate spending accounts and how your marital status will impact your taxes.

After all, raising a family comes with lots of unexpected expenses.

Having a Health Scare

This can be one of the most terrifying experiences in life.

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When someone in your family has a health scare, it can be an uncertain and difficult time.

Retiring

Congratulations on reaching retirement now is another excellent time to take a look at your budget.

Retirement can bring many financial changes.

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