"I decided that the only way there would be a future was to start to cut back"

In this quote, Benjamin Cohen is expressing his realization that in order for there to be a positive future, he needs to make modifications and sacrifices in today. He has actually pertained to the understanding that just continuing the same course will not cause a desirable result. By using the phrase "cut down," he recommends that he requires to minimize or restrict particular elements of his life in order to create a much better future. This might refer to cutting down on spending, unhealthy practices, or negative relationships. Overall, Cohen is acknowledging the importance of taking action in today to form a much better future.