6 Ways to Cut Cost When You're Broke
Blog,  Money

6 Ways to Cut Cost When You’re Broke

Are you broke all the time?  Are you going paycheck to paycheck every month?  Does any of this sound familiar to you?

Well I decided to help you stretch your paycheck a little further by giving you some tips on how to cut cost when you’re broke.  There won’t be any sugar coating it either.

Sometimes you just gotta get real with yourself.  Do you really NEED this or do you really WANT this?  That’s what it comes down to.  Yeah, I know.  You’re asking me, “How can I give up my morning coffee at Starbucks or not buy my screaming kids those toys?”  Or another one, “I love my cable!  I can’t be without my cable!”

There are other ways to get what you want but they will be cheaper ways.  I will elaborate further here.

Gym Membership

Yeah you heard me right.  You really don’t NEED a gym membership.  There are other ways to getting your workout on.  If it means buying a program to do at home, then do it.  It’s a one time cost.  I really love Diary of a Fit Mommy.  She has some great programs that may interest you.  Even better, wait until she has a sale.  You won’t have to pay full price and that helps you save money.

Also, do you really like to be stuck in a air-conditioned building all the time while working out?  Wouldn’t you rather be out in the fresh air?  I love being outside to workout.  Maybe go to your nearby park.  It’s much better and cheaper than going to a gym.

Cutting Cable Cord

You really don’t NEED cable.  You just want it.  I mean, who doesn’t like watching tv right?  I love it and therefore I watch it A LOT!  So, you’re asking me why should you get rid of cable?  Well, it’s a want.  It’s not necessary to sustain life.  It’s only necessary to sustain your sanity.  I talk in detail about cutting the cable cord here.

Parent Buying Toys

Yeah, you heard me!  I’ll explain.  I mean, I’m not a complete monster!  Think about it.  Do you bring your kids with you when you’re shopping?  And it can be any kind of shopping.  But, do you really bring them with you?  Do you need to bring them with you?

I get it if your a single parent and you have no other choice.  If that’s the case, then let me help you with this.  You see my daughter came with me every where I went.  With that came screaming and crying over some toy she wanted.

What did I do about it?  I gave it to her.  Yep, I did.  BUT!!!  I let her play with it while we were in the store.  Think about it.  Kids see things that are all nice and shiny.  They want it immediately.  If they don’t get it, then they throw a tantrum.  Then they get it and play with it for a little while.  Then they forget about it.

You feel like you’re a horrible parent if you don’t buy it for them but you really don’t have the money to buy it.  So, what is the next best thing to do?  Give it to them while you’re shopping.  Chances are they will fixate on something else and forget about the toy they were screaming about before.  It works.  I promise.  Try it and see.


We all need transportation, so why did I say this is a want?  Well, I’ll tell you.  You can cut transportation costs by getting a cheaper car, not taking an Uber or taxi.  If you live someplace where there’s public transportation, then use it.  It’s cheap!

Also, cities are getting more and more bike friendly.  So, it’s a good idea to use a bike.  Not only is it cheaper – it’s a healthier option!  Speaking of healthy options, walking is another great alternative.  I’m not saying you have to walk in the snow for 10 miles to get to school or work.  You know the stories your parents told you when you were a kid.  I’m just saying it’s a better option if your destination is nearby.


Yes, I said it.  Starbucks is one of the biggest reasons why you are broke!  We’ll talk about the other one in just a bit.  I get it.  You need your coffee fix but do you really need all that stuff for your coffee?

Imagine how much a Keurig cost.  You could probably buy at least 6 of them over the course of a year with the money you would save by not going to Starbucks.  I mean, have you ever added up how much you spent in just one day at Starbucks?  It adds up quick!

So, what I suggest is this – buy a Keurig.  Make coffee at home.  Look at the total cost of a Keurig, then look at how much the K-Pods cost and the additional yummy things you like with your coffee like whipped cream. You can make some homemade kind or store bought kind.  It’s a cheaper option.  I promise!

Eating Out

This is the second biggest reason why you are broke is eating out.  You know it as much as I do.  You’re probably one of those people that are really busy and have no time to cook.  I get it.  It’s an excuse you give yourself because you don’t really like or want to cook.

I love cooking!  I love eating out too!  BUT – I don’t have that kind of money to throw away.  Eating out is great.  It’s great yummy food that you think you can’t cook on your own.  Anyone can cook if they really want to but most don’t.  It can be a lot of work and who wants to do that after they get off from work?

So, you need to ask yourself what you’re willing to give up?  Do you want more money in your pocket?  If so, then I strongly suggest cutting back on the eating out thing to maybe once a week or once a month.  I’m not saying you should give it up completely because Lord knows we all need to enjoy something in life!

I’m just saying you need to re-evaluate the cooking thing.  Give it a try!  It’s even a healthier option.  You can start out easy by making a steak, baked potato and salad.  It’s just like what you would get in a restaurant.  Ok, it may not be cooked by Chef Ramsay but it’s much cheaper!

My point to all of this is that there are other options in your quest to save money, while enjoying life.  You don’t have to give up living.  You just need to think about cheaper ways to stretch your money and not go broke.  Remember this- is it a need or is it a want.

*This post contains affiliate links.


  • Sarah

    Great tips. We were lucky that when our son was little he rarely screamed for toys in the store, so that saved us on money and dealing with a cranky child. Eating out definitely adds up quickly. We only eat out once every month or two, so it’s a special treat for us. Starbucks and most coffee places are great ways to “waste” money. I know a couple of people who have coffee and coffee makers at home, but always run out to buy their coffees instead and then wonder where all their money went.

    • Vivian

      I completely understand. I have had to stay on a pretty strict budget lately. It’s amazing how quickly you can spend money, even on small things.

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