Pay Cuts: 10 Ways to Save Money When Your Income Drops

The global pandemic has been wreaking financial havoc on families across the US. People are losing their jobs, getting furloughed or taking pay cuts. With no guaranteed end in sight, this can be a frightening time for a lot of people across our country.

Our family has seen pay cuts recently as well. Like a lot of other families, we’re looking for ways to save more money so we can survive this Coronavirus season and protect our family.

Some areas of saving have been immediate. With the quarantine order keeping us inside, a lot of us are probably spending less on fuel, oil changes, gym memberships, and daycare. Even with these decreases, it’s important to look for other ways to save as well. 

Here are 10 ways to save money when you’re facing job loss, furloughs or pay cuts. 

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