What if you’re not making it through the month with your income? What do you do? 1. Review Your Budget – Look for ways to cut your expenses. Can you lower any of your fixed or variable expenses? Can you completely cut things out or find cheaper alternatives? 2. Cut out Unneeded Expenses – Do you have cable? Eat out a lot? Buy clothes? Get your nails done every other week? Find items you can live without, then cut them.
1. Look for Cheaper Alternatives – Are there things you could find for less? Maybe find a cheaper apartment or living situation, ride a bike instead of driving, or a cheaper cell phone plan? 2. Look for Ways to Increase Your Income – If you’ve cut items and found cheaper alternatives, but are still struggling to balance your budget, look for ways to increase your income.