Finances
How can I estimate my future income and expenses?
If your financial situation will be the same in the coming year as it was last year, you may want to use last year’s finances as a guideline. However, if you are anticipating any changes, such as a decrease in hours worked, a job layoff, a marriage, a divorce, a termination of benefits, etc., you should consider how these factors will affect your finances when estimating your future income and expenses.
We know it can be difficult to estimate your future finances, but you must provide a figure. Simply writing “unknown” will result in disqualification.
