Maintain your mortgage or rent payments reasonable. Don't load yourself with huge housing costs. Only take on obligation that you can simply pay for now.
Re: Can any body give me the best way to cut my monthly expenses?
Make prudent investments. Avoid investments that promise a high return, like penny stocks, junk bonds, and speculative deals. The reason that those investments offer a high return is that they are particularly risky!
Re: Can any body give me the best way to cut my monthly expenses?
Try to think over what you really need at first. Make a list (literally) and try to cross out the unnecessary things that you usually get or buy that would get you by in a day without it. Little by little those things will pile up and soon you will realize that you have been spending too much over nonsense. Ergo, you get to save some.
Re: Can any body give me the best way to cut my monthly expenses?
Keep a mental note (list it down if you want) of the things you believe that you spend most and often in a day/week. From there you can adjust and gradually lessen those expenses. That is a good start.