Ways To Stretch Your Budget Further

What do you do when your expenses meet or exceed your income? You pay your bills on time, manage to put away a small amount for savings, and do what you can to manage your debts, but it’s just not enough. You’ve gotten used to scrounging for things you need and haven’t been able to purchase anything you want in a while. Although you realize things could be worse, feeling broke all the time is getting the best of you. 

While affording the bare necessities is rough, it’s not impossible. In fact, with a bit of financial savvy, you can find the means to pay for what you need with a little leftover to cover things you want. Continue reading for suggestions. 

Seek Assistance

You don’t have to be unemployed, disabled, or a senior citizen to receive financial assistance from your local and federal government. Believe it or not, several programs are designed to help low-income families acquire the things they need. Whether you’re having trouble paying utilities, rent, groceries, or healthcare, there’s a program ideal for you. If approved, you could receive assistance to cover the bare necessities. Even if it’s only $200 towards the grocery bill, this is money you don’t have to take from your budget, which allows you to spend it elsewhere. 

Reduce Consumption

Utilities are one of those things you can’t live without, but they’re also expensive. The best way to free up cash in this area is to reduce your consumption. Practices as simple as turning off lights, unplugging devices, changing to LED lightbulbs, and making use of direct sunlight can go a long way in reducing your energy bills. Investing in low-flow faucets and toilets is ideal for those that need to get that water bill under control. 

Use Coupons For Everything

When making purchases, search for coupons or promotional codes before you pay. Whether you’re trying to get an oil change, pay for groceries, or purchase kid’s clothes, you’ll find that there are plenty of retailers willing to give you a financial break. Depending on the coupon, you could save anywhere from a few pennies to several hundred dollars on things you want and need. This savings frees up money in your budget to be used for other expenses. 

Get Things Free

What if you could get free stuff online? This may sound like a scam, but it’s quite the opposite. If you’re willing to spend a little time on research, you’ll find that there are plenty of brands willing to offer customers free items. There are free giveaway sites, free trials, cashback rebates, samples, and a ton of opportunities to get your hands on products without having to pay a cent. 

Bartering is another way to get things for free. While this may sound like an outdated concept, it can really come in handy. Let’s say you’re an accountant for a living and your neighbor is a landscaper; you could get your lawn done for free in exchange for balancing their books or helping them with their taxes. 


Why hire a professional for something you can do yourself? A contractor or expert is going to charge you additional money for labor. If you can save yourself a few bucks, why not try it yourself? Obviously, you shouldn’t attempt any project that’s risky, requires a great deal of skill or equipment. However, changing the fluids or brake pads on your car, replacing HVAC filters, or installing your own flooring are all fairly easy projects to do yourself. You can find instructional videos and guides to help you with the process from beginning to end. 

No matter where you live, the cost of living is high. Unfortunately, most American households don’t make enough to live comfortably. On the bright side, there are things you can do to stretch the money you have further. The suggestions listed above allow you to find ways to save on the things you need so that you can use your income to cover the rest. 


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