Broke? Here’s Where to Start With Your Money

Let’s be real: being broke sucks. Bills are due, your account is almost empty, and every little thing feels like a big deal. But here’s the thing — this isn’t the end. It’s just the starting point. If you’re broke and don’t know what to do with your money, start here. One step at a time.

1. Know What’s Really Going On
   Before anything else, you need to know where you stand. Take a few minutes and write down how much money you make each month, your regular bills (rent, food, phone, utilities, etc.), what you owe (credit cards, loans, friends), and how much money you actually have right now. It might feel uncomfortable, but knowing your numbers is the first step to changing them.

2. Cut Back to Essentials
   Focus only on what you have to pay to get through the month: rent or housing, food, utilities, transportation. Cut everything else for now—subscriptions, takeout, shopping, random spending. You’re not doing this forever. Just until things feel stable.

3. Save a Little (Yes, Even Now)
   It might sound crazy to save money when you don’t have much, but even a few dollars helps. Start small—maybe $10 or $20. That’s your emergency stash. Ideas: sell something you don’t use, skip one small treat this week and save the money, or pick up a quick side gig (dog walking, babysitting, delivery). It’s not about the amount. It’s about building the habit.

4. Avoid Making It Worse
   When you’re broke, it’s tempting to swipe the credit card or take out a quick loan. That usually just adds stress later. If you have debt, try to make at least the minimum payments, call the company (they might offer help or give you more time), and don’t take on more unless it’s absolutely necessary. Protecting future-you is worth it.

5. Look for Extra Cash
   More income = more options. Even a little extra can make a big difference. Ideas: ask for extra hours at work, offer help to neighbors (cleaning, tutoring, errands), sell things you don’t need, or try online freelance or gig work. You don’t need a new career. Just a little breathing room.

6. Be Kind to Yourself
   You’re not lazy. You’re not stupid. You’re not behind. You’re just broke right now, and you’re doing something about it. That’s a big deal. This isn’t about perfection. It’s about small moves that add up over time.