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This puts the spotlight on cutting back on luxuries and finding easier ways to cover the essentials.
These include your housing, food, utility and transportation expenses.
Cruze explained that your grocery store choice is crucial.
Another strategy Cruze suggested is picking food items that offer value or last a long time.
Prioritize staples such as canned foods, dry goods and vegetables over luxuries like meats and specialty treats.
Plus, you could check out grocery store rewards programs and use cash-back apps like Fetch and Ibotta.
Cruze suggested temporarily finding a roommate if you have the space and dont mind giving up privacy.
This move could halve your housing costs.
And if youre a renter, getting a longer lease term is wise for locking in your monthly rate.
Other potential money-saving strategies involve more extreme steps, such as downsizing or moving out of your area.
Another tip is to change your thermostat temperature when youre not at home.
Also think about where youre stopping to get gas.
you’re free to also try apps like GasBuddy and Way to compare fuel prices.
Finally, you might consider using public transportation, carpooling or becoming a one-car family.
These could be temporary steps until your budget has more room.
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