Question

Cutting back on the amount of things we use and buy is called

Answer 1

According to me the correct answer would be "budgeting".When we are short of the money and we have to live according to the money we have and the available resources then we need to make a monthly budget where we cut down on the luxury items and only add the products that we need the most.For example: We all eat junk food but we can eat other things also but if we consider salt and suger they are necessities that cannot be replaced.So we can cut junk food from the budget and add salt and suger.
I hope it helps please mark as brainliest.