Things You Should Do When You Are Broke

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Even the most frugal of us can find ourselves in a tight spot. Consider this an opportunity to rethink your strategy. However, you'll need a clear head to accomplish this.

1) Don't Panic

Once you have a better grasp on where your money is going, you may experiment with various methods of budgeting. Stick with it after finding one. 

2) Make a Plan

Begin by going over the last few months' worth of spending. Make a note of all the things you're giving up as you trim your budget.

3) Cut on Expenses

An alternative to getting a second (or third) job is to find a more flexible side hustle, such as an online side business or driving for a courier service.

4) Make some extra money

Public assistance programs such as SNAP, TANF, and Medicaid can help you fill up the gaps in your income. You can use them, and there's no shame in it.

5) Take Public Assistance benefits

Allow yourself to be vulnerable and ask for help from your loved ones. Since they've undoubtedly been in your shoes, they may be more than happy to assist you.

6) Ask for help from others

Get in touch with your financial institution to see if you have any options if you are unable to keep up with your debts.

7) Talk with your creditors

Make the most of free entrance days at national parks or low-cost museums to see more of the world. 

8) Enjoy your life but in affordable ways

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