Beyond the Budget Cut: When Debt Relief Requires More Than Just Cutting Costs The age old advice to cut expenses and trim back on discretionary spending has become a familiar refrain for those struggling with debt.
However, when every last penny has been squeezed from the budget, cutting costs simply won't be enough.
A recent study by Accredited Debt Relief found that many people have already taken drastic measures to reduce their expenses, including cutting back on groceries and clothing purchases.