How To Afford – Can No Longer Afford

How Much Can I Afford
With the current rise in inflation “how much can I afford” is one of the top money questions and top money stressors on families. The current costs of groceries, gas and housing has people wondering how to afford it all. What do you cut? How do you save money?
How To Afford
You can afford more than you think. Yes, the current topic is stressful and inflation causes panic. But when you take out the “news flashes” bring in a budget, start living frugally and tweaking a few things you can afford your necessities and extras. I’m going to give you some great simple and easy tips on how to be able to afford more.
How Much Can I Afford
The question used to be how much can I afford when it came to a house or a car or a vacation. Now the question is simply “how much can I afford” when it comes to basics for most families.
Money
Money and budgets are getting tight with the rising costs of goods. Inflation has seen gas prices, food prices, housing prices, transportation prices – everything is going up.
Can No Longer Afford
What can you no longer sustain? You can no longer stand to not budget! You have to think about what you can cut. How to put food on the table, pay your bills, pay your debt and save even with inflation.
Inflation
Inflation is what the current economy is experiencing. It occurs when the value of money goes down, the cost of goods goes up, supply of goods is limited and labor shortages are occurring.
Expensive
Inflation is making the current economy expensive. The average family is a two income family. Now it maybe a 2.5 income family with one parent taking on a part time job. Or it is a single income family because one person lost a job.
How Do People Afford To Live
How do people manage to live in an inflated economy? They budget. They give things up. The make frugal choices. The skip eating out and learn a few simple recipes. They start making smart choices with their money.
How Do I know What I Can Afford
When you don’t have enough money to pay your bills you know what you can and can’t pay for. Having a budget, even a really simple one lets you know how much money is coming in and how much is going out. When you know how much you have you know how much you can afford.
Keeping a pricing book and tracking your purchases will help you stay on top of current costs for groceries, gas and etc. Know that you can shop around. You can DIY and you can go without.

I Can’t Afford It
That’s fine. When you know you can’t manage something you are two steps ahead. You know the problem and you are looking for a solution.
When gas price rose, we knew we couldn’t support running our big truck as a daily driver to and from work. So we took a portion of our savings and bought an economy car to do the daily drive.
The gas fees for one day in the truck equal the gas costs for a week in the economy car. Huge savings, simple change. You do what you have to do.
What To Do When You Can’t Afford Anything
When the budget is super super tight and it seems like you can’t afford anything you need to stop spending, save money and cut expenses. If this means a no spend weekend, homemade meals and looking for ways to make extra money so be it.
Tips So You Can Afford More
When the cost of inflation has you choosing between gas, groceries and entertaining the kids you need ways to help you afford more. Here are some simple money saving tips to help you enjoy more:
- Re-evaluate Your Budget
- Ask The Bank For A Better Rate
- Find Ways To Spend Less
- Look For Income Opportunities
- Work From Home
- Cancel Subscriptions (Cable, Magazines, Apps & Etc.)
- Sell What You Don’t Need
- Stock The Pantry With Staple Foods & Easy Meals
- Enjoy Cheap Entertainment
- DIY Everything You Can
- Eat Meatless Meals & Cheap Meals
- Grow Your Own Food
- Clip Coupons
- Shop Around – Don’t Be Brand Loyal
- Downsize
Know that you can do this!
Related Ways To Save Money Posts:
- How To Save Money As Inflation Prices Keep Rising
- Shrinkflation – What is it & How To Save Money
- 21 Tips For How To Cut Your Monthly Expenses
- Frugal Living Surviving On One Income
