Hi everyone! New here with a question...How does someone who's already struggling to make ends meet live below their means and save money?
I think just analyzing income vs expenses has to be where you start, then like pp said, find a way to increase income if necessary.
I would start with what you spend your money on. I find that one of the most expensive items is food. We create a weekly meal plan based on what is on sale at the store. This does require effort, but since I have been doing this for at least 20 years, even with kids, I know if works. I helps to control that expense. Also, look at how much you are paying on cars, mortgage-your fixed expenses-are you just spending too much?
You need to do two things: reduce expenses and increase income. Stop spending on anything that isn't absolutely essential, like food, and try to bring all the bills down. Turn off lights, try to find cheaper rent, give up things like cigarettes, alcohol, fast food, uber rides, etc. Walk, use public transit, ride share, etc. It's not fun but when you have no moey you have to put in more time and effort.