6 Things To Do If You’re Barely Scraping By Financially (2024)

MAKE MONEY - MONEY GOALS

Last updated March 7, 2024 | By FinanceBuzz Editors

You’ve got just enough money in your bank account to last until Friday … but then Monday rolls around, and you’re in the same situation. Again.

Food. Bills. Rent. Gas. They dry up every bit of your take-home pay.

But it doesn’t have to be this hard. With a few smart moves, you could supplement your income — without doing much extra “work,” or even getting a side job!

Here’s what to do:

Stop overpaying when you shop online

Shopping online has its perks. It's super convenient, but it can be time consuming to find the best deals. Instead of hunting for coupon codes (that don't always work!) and opening tons of browser tabs comparing prices, you can try Capital One Shopping.

Capital One Shopping makes saving money effortless. Just add the browser extension and when you check out, it'll scour the internet for coupon codes to help you save cash. And before you check out at 25+ major retailers, Capital One Shopping will notify you with a friendly pop-up if the item you're buying is available cheaper somewhere else.

Capital One Shopping is free to use and won't show you ads. Add it today and stop overpaying!1

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Pay no interest until 2025

Imagine getting an introductory 15 months with 0% interest on a big purchase or balance transfer (APR then 17.24% - 28.24% Variable). Sounds great — right? You could dramatically change your financial picture with one of the industry-leading no-interest cards — the Discover it® Cash Back(Rates and fees).

Cardholders get a generous intro APR of 0% for 15 months on purchases — that means you can cover bills, large purchases, or whatever you need to charge and not pay interest until 2025!

If you want to kick high-interest credit card debt to the curb, this is one of the leading get-out-of-debt cards available. Transfer your high interest debt to this card with a 0% intro APR for 15 months on balance transfers. Your payments can go directly to paying down your balance without incurring a pile of additional charges. That could save you hundreds of dollars in interest!

The best part? The Discover it® Cash Back card is accepted by 99% of merchants, boasts an exceptional cash back rewards rate, and there's no annual fee.

Click here to Apply Now

Earn cash back on everyday purchases with this rare account

Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!2

With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!

This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.

Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.

Apply for a Discover Cashback Checking account today

Ask this company to pay off your credit card debt

Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.

National Debt Relief is designed specifically to help you get out of credit card debt faster, without having to make drastic life changes. With National Debt Relief, you could pay off your credit card debt (with potentially way less interest) in one simple monthly payment.

How to get National Debt Relief to pay off your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can immediately assist you in paying off your debt, but only if you schedule the assessment.

Try it

Don't let home repairs drain your bank account

Did you know if your air conditioner stops working, your homeowner’s insurance won’t cover it? Same with plumbing, electrical issues, appliances, and more. Not being able to make repairs could leave you in a bad situation — but a home warranty could protect you against surprise expenses.3

Whether you’re a brand-new homeowner or you’ve owned your home for years, a plan from Choice Home Warranty could pick up the slack where homeowner’s insurance falls short.

If a covered system in your home breaks down, you can call their hotline 24/7 for assistance to get it repaired. They have a network of over 15,000 technicians that can assist you, making sure any issue can be taken care of swiftly — without breaking the bank.

Not sure if it’s for you? Rest easy: they were named one of the "Best Home Warranty Companies" by US News 360 Reviews and were awarded Best Company's 2020 Consumer's Choice Award. For a limited time, you can get your first month free when you sign up for a Single Payment home warranty plan.

Get a free quote

Unlock up to 10% cash back your first year with this incredible offer

There's a credit card that's making waves with its amazing bonus and benefits. The Discover it® Cash Back(Rates and fees)card has no annual fee, andDiscover will match all the cash back you’ve earned at the end of your first year.

You can earn cash back just by using this card for your everyday purchases — earn 5% cash back at different places each quarter up to the quarterly maximum when you activate, including gas stations, grocery stores, and restaurants. Plus, you'll earn 1% cash back on all other purchases automatically.

The welcome offer combined with the up to 5% cash back reward rate could be worth up to 10% cash back!

This card also offers an intro APR of 0% for 15 months on purchases and balance transfers, then APR 17.24% - 28.24% Variable. This is great for someone who wants to pay down debt or finance a large purchase while still earning rewards.

Accepted by 99% of merchants, if you want cash back, the Discover it® Cash Back card can help put more back in your wallet.

The best part? There's no annual fee.

Click here to apply now for the Discover it® Cash Back.

Stop Overpaying When You Shop Online

Capital One Shopping Benefits

  • Capital One Shopping searches thousands of merchants to see if you're getting a great deal
  • Don't miss out on a better price
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  • Custom price drop alerts for products you've viewed or purchased

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6 Things To Do If You’re Barely Scraping By Financially (2024)

FAQs

6 Things To Do If You’re Barely Scraping By Financially? ›

Creating a tailored budget helps control finances and prevent overspending. Essential bills should be prioritized, and unnecessary spending should be cut. Exploring additional income sources and government benefits can provide financial relief.

What would you do if you were financially free? ›

Amazing things you can do if you're Financially Free
  1. Stop working or work less. ...
  2. Travel the world / plan your adventure. ...
  3. Look after your wellbeing. ...
  4. Volunteer work. ...
  5. Spend time on your hobbies. ...
  6. Relationships. ...
  7. Coach others. ...
  8. Grow your money.

What to do if you're out of money? ›

Creating a tailored budget helps control finances and prevent overspending. Essential bills should be prioritized, and unnecessary spending should be cut. Exploring additional income sources and government benefits can provide financial relief.

What to do when financially broke? ›

Listed below are some ideas:
  1. Create a budget. Budget your income for essential expenses, debt repayment, and savings.
  2. Reduce expenses. Shopping around lets you find cheaper alternatives to groceries, subscriptions, and entertainment.
  3. Cook more at home. Eating out is expensive. ...
  4. Shop around. ...
  5. Boost your income.
Mar 15, 2024

How do you manage your money when you are poor? ›

Budgeting When You're Broke
  1. Avoid Immediate Disasters. ...
  2. Review Credit Card Payments and Due Dates. ...
  3. Prioritizing Bills. ...
  4. Ignore the 10% Savings Rule, For Now. ...
  5. Review Your Past Month's Spending. ...
  6. Negotiate Credit Card Interest Rates. ...
  7. Eliminate Unnecessary Expenses. ...
  8. Journal New Budget for One Month.

How can I be financially stable and free? ›

7 steps to financial stability
  1. Invest in yourself. Having further education, more knowledge, and required skills for work can support your career advancement. ...
  2. Make money from what you like. ...
  3. Set saving and expense budgets. ...
  4. Spend wisely. ...
  5. Set emergency fund. ...
  6. Pay off debts. ...
  7. Plan for retirement.

What to do when you are low on money? ›

What can I do when I have no money?
  1. Meet your basic needs. There are many resources out there to help you pay for food, shelter, and clothes. ...
  2. Find free or low-cost activities. There are plenty of ways to have fun without spending a lot of cash. ...
  3. Get creative. It's easy to entertain yourself without spending money.
Nov 16, 2023

What to do when you are stuck for money? ›

Break your finances into tiny action steps: If you're feeling stuck in your finances, it can be helpful to break them into tiny action steps. Start by checking your bank account, creating a budget, and setting financial goals. Celebrate small wins along the way to help you stay motivated.

What to do when there is no money? ›

Whatever your situation, here are 13 fun things to do that don't cost money with friends and family:
  1. Go on a picnic. ...
  2. Go to no-cost museum and zoo days. ...
  3. Give geocaching a try. ...
  4. Leverage your chamber of commerce. ...
  5. Take a historical city tour. ...
  6. Visit a farmers market. ...
  7. Go camping. ...
  8. Do a photography challenge.
Feb 14, 2024

How can I get money if I'm struggling? ›

Facing financial hardship
  • Food assistance. ...
  • Unemployment benefits. ...
  • Welfare benefits or Temporary Assistance for Needy Families (TANF) ...
  • Emergency housing assistance. ...
  • Rental assistance. ...
  • Help with utility bills. ...
  • Government home repair assistance programs.

How can I save money if I barely make anything? ›

SHARE:
  1. Focus on small changes in various budget categories.
  2. Automate your savings into a high-yield savings account.
  3. Earn interest on your checking account.
  4. Use those three-payday months to save more.
  5. Keep a budget.
  6. Shop around for insurance rates.
  7. Refinance your mortgage.
  8. Find a way to save on rent.
Oct 19, 2023

How do I stop being struggling financially? ›

How We Make Money
  1. Prioritize what you can control on discretionary spending.
  2. Find ways to earn more money.
  3. Pay essential bills.
  4. Save money during trying times.
  5. Track your money-saving progress.
  6. Talk to your lenders.
  7. Consult with an expert financial advisor.
May 21, 2024

How to live on very little money? ›

Tips to help you live below your means
  1. Create a plan for your money. The act of assigning a job for every dollar can be empowering. ...
  2. Automate your savings. ...
  3. Pay yourself. ...
  4. Live off one income if possible. ...
  5. Look for ways to lower your discretionary expenses. ...
  6. Reflect on your financial habits. ...
  7. Drive used. ...
  8. Pay less interest.
Jul 10, 2024

How do I stop being cash poor? ›

Here are some key ways to manage your money and improve your financial health:
  1. Audit your cash flow. Get a clear view of your income and your monthly spending. ...
  2. Cut back. ...
  3. Build an emergency fund. ...
  4. Increase your income. ...
  5. Consider selling assets. ...
  6. Talk to a financial advisor.
Jun 29, 2022

How to live off low income? ›

Many financial experts recommend the 50-20-30 rule for low-income families. Spend 50% of your income on food, medical, and housing needs. Use 20% on saving an emergency fund and paying down outstanding debt. Then use 30% for all other expenses.

What do people do with financial freedom? ›

Everyone defines financial freedom in terms of their own goals. For most people, it means having the financial cushion (savings, investments, and cash) to afford a certain lifestyle—plus a nest egg for retirement or the freedom to pursue any career without the need to earn a certain salary.

Why do you want to be financially free? ›

Financial freedom means you get to make life decisions without being overly stressed about the financial fallout of those decisions. That's because you're financially prepared for whatever life throws your way—you have no debt, you have money in the bank, and you're investing for the future.

What can you do for financial independence? ›

8 steps to reaching financial independence
  1. Step 1: Get your own bank account. ...
  2. Step 2: Create your own budget. ...
  3. Step 3: Make a plan to pay off student loans. ...
  4. Step 4: Begin building your credit. ...
  5. Step 5: Save up for rent. ...
  6. Step 6: Learn about health insurance options. ...
  7. Step 7: Figure out transportation.

What would you do for free if you did not need money? ›

Have a picnic. Spread out a blanket at the park with some family or friends, and enjoy some time outside. Visit a museum or zoo. Whether you prefer art or animals, lots of museums and zoos offer free admission to locals on certain days.

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