This theory will vary from person to person, but a good rule of thumb is to follow the 50/20/30 formula; 50% of your money to expenses, 30% into debt payoff, and 20% into savings. This formula is tough to follow when you have no money left after paying bills, but it’s a worthy goal.
First, count how many days there are between now and your next payday. Next, look at the supplies you currently have. Supplies could be food, gift cards, or even a full gas tank. What can things help you make it through the next few weeks?
Take a look at your list of possible upcoming expenses. You need to try and eliminate or reduce any costs that you don’t have money to cover. Are there any expenses that you can push to the next month? Is there any way to reduce them?