Life comes with a bit of uncertainty, which can put a damper on most milestones in life. But don’t let it put a damper on your life as newlyweds. The following are a few tips to help you survive a tight budget as you’re starting off.

Avoid Loans

Loans, like mortgages or car notes, can be too much to handle if you’re trying to survive a tight budget. These are bills you will have to deal with for years. Economic uncertainty means you aren’t sure what your finances will look like in a month or a few months. Taking on a loan means you promise a lender something you have no certainty of. In addition to that, dealing with these bills is pressure you don’t need right now.

Alternative Methods of Power

Energy costs can take away money from things you’d rather be spending it on. Try to manage power use to reduce how much money you spend on it. It may seem like too much to spend right now, but getting yourselves a hybrid or an electric car can save on gas in the long run. You could even find these vehicles used. You can also install solar panels to avoid dealing with an electric bill. And you can participate in programs to lower your usage during certain hours. In a way, you can learn from big corporations who participate in demand response programs and cut back their power consumption during peak times; what works for a large company can also work for a team of two.

Reduce the Niceties a Bit

You can reduce your spending on those little things you don’t need. For example, no one needs to go out to eat every weekend. If you can, go out once a month, or see how long you can go without eating out. It is nice to go out sometimes, but it ends up costing a lot of money that could go towards something else. You should also avoid shopping too much. People love shopping for new clothes even though they have a closet filled with clothes.

Switch to Used or Get Repairs

Chances are you’ll need something at some point. No law says you have to buy something new when you need it. You can go to local thrift stores, shop at online second-hand stores, consignment shops, or hit local garage sales for the things you need. You’ll probably find stuff at a reduced price that has plenty of life. Power tools, kitchen appliances, and sometimes even clothes can be purchased there. If you think an item can be repaired, then look for a professional who can repair whatever needs to be fixed instead of buying a new item. This may be a more cost-efficient option. 

Work on Debt Together

Some people bring debt into the marriage, which can make things hard. You need to come up with a plan that helps address this debt as soon as possible. You know that debt could hurt your life in various ways. The problem is figuring out how to eliminate debt effectively. You’re going to have to work together on this. Your debt is now your partner’s debt and vice versa. Accepting this could make it easier to move forward. You two may have to take on second jobs for a short period to eliminate this debt as quickly as possible. 

Consider Alternative Ways of Living

You might want to consider alternative ways of living. For example, you can get a job where housing is free so that you don’t pay rent. You could be a storage facility manager or an apartment manager. You could also move to a town or state where the cost of living is dramatically lower. Most of the time, these are the places people don’t move to. It may be a good idea to move away from major cities to find a cheaper property. If you have enough saved up, consider buying property free and clear. If you haven’t saved much, you might have to get a fixer-upper that doesn’t look great. Taking care of a few repairs shouldn’t be too hard when you don’t have much to worry about. 

You may want to look for properties in the rural areas where houses are much affordable. Check what is the usda program and it might help you find a USDA-eligible property that you can purchase at a very low rate.

You now have a good idea of how to survive a tight budget as newlyweds. Talk to your partner to see if they have additional ideas, and consider going to a financial advisor to get more tips.