Don't spend money on any discretionary items if you don't actually have the money to buy it. Don't go into any form of debt to pay for day to day needs. Do without them.
We've all seen the crowds - hundreds of thousands - clogging the airports since the covid "seemed" to go away. Much of that travel, and this is a guess but a fairly sure one, will have been funded by debt of various kinds. As inflation goes up to 7% and beyond, debt of this kind will be difficult to repay. Just cut your spending, you don't need so many of the things you think you do When mortgage rates went up to about 17% in the 80s (?), that hurt and people had no choice but to do without many things.
