In times of financial crisis, it can be hard to make ends meet. If you’re living paycheck to paycheck right now, you won’t have enough cushion when disaster strikes, and you will have to borrow money to help you out. And then you will have difficulty paying it off since you will still be living paycheck to paycheck, and then your financial needs will increase, and the list goes on. Below are the big D’s that could help you tweak your budget and spare a few extra for saving.

Downsize

 If you are having trouble getting by month after month, and the mortgage is giving you additional headache, consider downsizing your home. If you don’t really need a spacious house, maybe you can get a smaller one that suits your budget. You can also check with your mortgage company if they can arrange a new plan for you with lower interest rates in an extended period of time.

Downgrade

 Check the services that you pay for and identify ones that you don’t really need or those which you can sacrifice. Perhaps you are paying in excess of premium cable channels that you don’t actually watch. Maybe you can opt for fewer channels and watch some other shows on the internet instead. Likewise, if you only do some basic browsing, you can downgrade to a slower internet connection or enjoy surfing at a nearby hotspot.

Declutter

 Many people are unaware that they can make some extra cash from their old junk. Instead of throwing away your old stuff, you can post them in online auctions like Craigslist or Ebay, or better yet put up a yard sale and get hold of some extra cash more quickly.

Destroy your Credit Cards

 Credit cards are the most common cause of spending beyond one’s means. If you destroy your credit cards, you will be forced to live only on what you can afford. Try to bring cash when you do the groceries, or get a debit card which is basically like a credit card in function, except that you only spend what you have.

Decrease Spending

 The ultimate way to save money is to decrease your spending. Try to list your expenses for a whole month and identify where you can trim down some costs. Perhaps you can limit those morning café trips and brew your own coffee at work. You may also want to pack your lunches instead of eating out. You can also invite your colleagues to a carpool so you can save on fuel and help the environment as well.

Divert Your Attention

 If you engage in activities that are quite expensive, maybe you can divert your attention to less costly hobbies. If you are an avid golfer, maybe you can try tennis instead. Instead of going to the gym, maybe you can buy some weights and work out at home. If you are a mallrat, you may want to limit your mall visits and participate in volunteer work instead. Not only can you save money, but you can help people as well.