How to Make Your Money Last Longer


Over half of all Canadians are living paycheck to paycheck. Finding ways to make your money stretch is easier than it sounds. Many can’t do it without finding some form of passive income. Those who fail to do that can ask their bosses for a raise or simply try to find ways to cut back. Food planning can help you make the most out of your monthly budget. If all else fails, looking into fast loans Canada can allow you to get caught up on your expenses and stretch out your paycheck.

These are only a few King Cash financial tips to live by. Check out this guide to learn more. 

Create a Monthly Budget

The number one way to make money last until the end of the month is to set a budget. To begin, calculate your net income. This is your total salary after deductions for taxes come out. 

Once you know how much money you typically have to play around with, you can find out where it’s all going. Tracking your expenses will make it easier for you to spot where you can cut back. 

As you track your finances, set a goal. If you have a reason to stretch out your paycheck and save, you’ll be more likely to stick to your budget. Decide on something that you really want to splurge on like a vacation and shoot for it. 

Remember, as time moves on, your finances will change. When this happens, it’s important to revisit your budget and make adjustments. 

Find a Passive Income Source

Passive income will allow you to make extra money in the background. A good example is real estate investment properties. 

If you rent out a home or even a room in your house, your tenant’s monthly rental payment counts as passive income. It won’t provide you with as much money as your day job, but it will help you stretch out your funds in between paychecks. 

Ask Your Boss for a Raise

If you think you deserve a raise and can prove it, there’s no harm in talking to your employer. The worst thing they can do is tell you no. 

To help your case, look up the average salary for those in your job field. If it’s lower than what you’re getting, that will give you a bit more negotiating power. 

If your employer agrees to give you the raise, and you don’t need the extra money to pay your bills, put it in a savings account. 

Food Planning

Do you feel like most of your paycheck is being consumed by groceries? Cut your meal expenses in half with food planning. 

By deciding on what you’re going to eat for the week ahead of time, you’ll only get the ingredients you need when you go shopping. Buying the necessities and only the necessities will also cut down on your share of food waste. 

Making meals and freezing them will save time as well. All you have to do is take your dinners out of the freezer, thaw them out, and enjoy. 

Look For Ways to Save Money on Purchases

Speaking of food, groceries are expensive, but they don’t have to be. Between coupons and in-store discounts, you have the potential to save. 

Even grocery trips where you only come out a few pennies ahead are a win. Every little bit helps. 

To keep track of what deals are going on, be sure to sign up for the newsletters of all your favorite stores. 

Take Out a Loan 

It’s difficult to get ahead and make the most out of your paycheck when you’re in debt. While it’s not always advisable to take on extra financial responsibilities, you might be able to get the money help you need if you apply for loans. 

To get started, go to You could qualify for online loans up to $750. 

Look For Ways to Cut Back 

Take a minute to go through your subscriptions and cancel the ones that you’re not using. Some people choose to drop streaming services until they know a show they want to watch is about to come out. 

Cancel your gym membership in favor of going on morning jogs. Brew coffee at home instead of going to a coffee shop every day. Cut down on the number of lunches you spend out.  

If you live close to your place of work, ride a bike or take public transportation instead of driving your car. 

Find Ways to Have Fun for Free 

Just because you’re trying to cut back doesn’t mean that you can’t do anything fun. There are plenty of activities that you can take part in for free. 

Invite friends over for a movie night. Join your community Facebook page to stay up to date on the latest (and free) events. 

Find a Side Job 

If you have time on your hands and not enough money in your pocket, consider taking on a side gig. You can drive for DoorDash for a few hours after work every day. 

If you can make handmade jewelry, sell your creations on Etsy. Companies will pay you actual money to try out their products and take surveys. 

King Cash Tips for Making Money Last Longer

Do you find yourself living paycheck to paycheck? As you can see, there are plenty of ways for you to turn your situation around and stretch out your funds. 

Find ways to have fun for free, cut back on your monthly expenses, and don’t forget to create a budget. 

Our no credit check loans can help you tackle your debt and get back on track with your finances. Go here to claim your funds with King Cash today! 

Get a cash loan from the comfort of your home.

Easy-to-use money lending services for quick and instant $500 - $750 loans in Canada.

This might interest you