And you may not want to slash them if they're the little things that bring you joy, like the occasional pizza delivery or coffee from your favorite shop. Of course, you may not have all that many expenses in your budget that are possible to slash. But if you generally spend $300 a month on groceries, spending more time researching sales could knock that bill down to $260. If your rent costs $900 a month, that's something you may not have wiggle room with. And if you're teetering on the edge of debt due to inflation, now's probably not the time you should be traveling - unless, of course, there's a pressing need, like to see a family member who lives out of town.Ī good idea is to take a look at your budget and see what living expenses you have the potential to cut back on. If you're struggling with your bills right now but commonly order food from a local takeout place once a week, making those meals at home could save you a decent chunk of money each month.
Some of these tactics may be doable for you.