So a cash reserve that should have covered two months of expenses didn't go as far. Here comes the next dip. If you see it coming, you can prepare by cutting back on certain things and maybe tapping your reserves. That's where we are now. I vowed last quarter not to touch my personal reserves, so I'm just making payroll and hoping some delinquent accounts start paying their invoices.
Delinquent accounts are very frustrating.
You know that had they paid up, you would have swooped past the dip without much of a sweat. But all we have is a few promises of payment. Then there are the collection fees. I've already begun to eat into my hard-won line of credit, small as it is. Good thing I have that to fall back on.