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This is a tough time to be the head of household. Against the backdrop of the coronavirus travesty, millions of Americans are unemployed, and millions more now face eviction. For those whose income has been substantially reduced, learning how to take austerity measures to stay on top of the budget is key. So, as part of our New Year’s treats, we went to look for ways to accomplish that goal. Below, you’ll find some tips on how to do this.

What if you need more than $600 right now?

If you’re straining to make ends meet and need more than a $600 payment right now, consider these ways to pull together more money on your own:

Slash your spending. Dump any subscription services you’re not using. Do more of your own cooking and stop ordering carryout so much. And download a free browser add-on that will save you money every time you shop online, by instantly checking for better prices.

Cut your debt down to size. If you’ve been leaning on your credit cards during the coronavirus crisis, you’re probably piling on a lot of interest. Tame your credit card debt — and make it go away more quickly — by rolling your balances into a single debt consolidation loan at lower interest.

Trim your insurance costs. As Americans have cut back on their driving this year, many car insurance companies have lowered their rates. If your insurer won’t cut you a break, it’s time to shop around for a better option. You also might save hundreds by comparing rates to get a better deal on your home insurance.

Refinance your mortgage. Mortgage rates are at record lows, and refinancing your existing loan could provide huge savings. Mortgage tech and data provider Black Knight says 19.4 million U.S. homeowners could cut their monthly house payments by an average $308 per month through a refi. You can find more tips on Yahoo Finance.

https://finance.yahoo.com/news/congress-set-pass-stimulus-checks-162200890.html

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