Are you constantly counting down the days until your next payday? Many of us are in this position, the cost of living crisis has hit us all hard and even if you used to live quite comfortably, chances are you’re feeling the pinch these days. According to reports, inflation is starting to slow down at last, but we’re still paying much more for essentials than we used to pre-covid, pre- Brexit and before the Russia/ Ukraine war. But thankfully there are ways to make your money go further even when payday feels like it’s too far away.

Cancel Subscriptions You Don’t Use

Take a look at your monthly subscriptions- do you really need all of them? Things like Spotify or Youtube premium, Neflix, magazine subscriptions and more can all add up when you sit and work it out. Then you have cable or satellite tv subscriptions, gym memberships and more. If you get plenty of use out of them then this might not be somewhere in your budget worth stripping back, but if you can live without them then canceling those unused subscriptions can free up extra cash that you can put towards other things.

Cook at Home Instead of Eating Out

Eating out is tasty and convenient but it’s SO expensive, especially if you do it frequently. This could be things like takeaway coffees, buying lunch from fast food places, ordering takeaways and eating at restaurants. It’s nice having food prepared and made for us at times especially when you’re too tired to cook, but it can be a slippery slope when you find yourself doing it all the time. The trick is to discover some tasty and easy to cook meals that you can put together and know youll enjoy. Groceries are expensive too but cooking yourself will save you massively compared with ordering and eating out.

Compare Prices for the Best Deals

When it comes to everyday expenses like utilities and insurance, it pays to shop around. Take the time to compare prices from different providers to make sure you’re getting the best deal possible. You could switch to a more affordable energy provider or find a cheaper cell phone plan, even small savings can add up over time. Use comparison websites as these help you find the best prices without spending hours researching.

Sell What You Don’t Need

Selling things you dont need wont be a way to get you through every month, but every once in a while it’s worth having a declutter. Maybe once a year you could deep clean and sort out items that you dont use and sell them for some extra cash. You can use online marketplaces like eBay, Craigslist or Facebook Marketplace and free up the money for other things.

Start a Side Hustle

Finally, if you find yourself consistently struggling to make ends meet then consider starting a side hustle to bring in some extra income. Things like freelancing, driving for a rideshare service or selling handmade crafts online can all make money on the side. This can provide you with additional income, but it can also be a great way to pursue your passions and interests. Some side hustles might need some initial funds to get started so you could look into online loans, others will be free to start and allow you to jump into right away.

What tips do you have for those struggling to make ends meet?

Greg Kononenko
Greg Kononenko

My name is Greg Kononenko and I am a full-time online blogger and owner of Dad's Hustle. I'm a dad, and my passion is to help other mums and dads to start their own "hustle" and improve the financial future of their families.

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