Rebuild Your Budget After a Major Income Change

Your income just jumped or dropped and the old budget no longer fits. Give it the old and new figures and this rebuilds it: if money's down, what's non-negotiable, what shrinks, what goes; if it's up, where the extra should land before it disappears. A budget matched to what you now earn.

My income has just changed from {OLD_INCOME} to {NEW_INCOME} per month after tax. This is a {CHANGE_DIRECTION} (increase or decrease) of {CHANGE_AMOUNT}. My current monthly budget is: {CURRENT_BUDGET}. Help me rebuild my budget to fit the new income. If income decreased: identify which expenses are non-negotiable, which can be reduced, and which should be cut entirely; prioritise keeping an emergency fund contribution even if small; and flag if the new income is insufficient to cover essentials so I know I need additional income. If income increased: apply a 'raise rule' allocating the extra money across savings uplift, debt acceleration, and lifestyle inflation in a ratio that advances long-term financial health. In both cases, produce a revised full monthly budget and explain the key trade-offs in plain language.