Many of us are familiar with the scenario of savings account balances dwindling. Living costs have risen sharply and it’s increasingly difficult to get from one payday to the next, let alone put money aside. If your disposable income has dropped and your savings are running out, here are some steps you can take today to improve your financial situation. Take Stock of Your Finances The best place to start when reviewing your finances is to take stock of your situation. Check all your account balances, note down outstanding debts and details of repayment plans and installments, and calculate how…