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Drop treaties that you don't need. Things like defensive pacts cost monthly influence. Drop faction suppression or promotion because that takes a chunk out of your influence income.
Outposts, you can build as many as you want if you have the influence. But it doesn't have monthly influence upkeep.
There's a reason why influence is generally produced at a low amount - it's because it's not really that necessary. If you are finding that you are always low on influence, you're likely doing one of two things incorrectly:
A) For whatever reason your actual influence gain is too low - you should be easily able to get to +4 per month, and by later in the game, +5 per month should be no problem.
B) You're using your influence incorrectly. Until mid-late game, the *only* thing you should be using influence on, is building outposts in systems, and the occasional claim during a war. And for outposts, you should almost never be skipping systems - the cost increases at a rate of 100% for every system you skip, which means you should only do it if you're racing to a spot.
Look for respective a-perks ( "Interstellar Dominion" as the very first one for example ), traditions, ambitions, edicts, civics, ethics etc. pp.. Please your factions and don't waste influence via the suppression or / and support of factions.
And be aware that it's intended that influence is a bottleneck.
the expansion traditions also have one that helps with reducing the cost of your outposts while the diplomacy tree cuts down costs for diplomatic actions.
You definitely don't need to drop outposts. Influence isn't used as any sort of a maintenance cost.
Or Vassalize them. It's a longer war and you have to capture every single system they own to get them to capitulate, but it's a more complete victory than doing a piecemeal war.
This was really helpful. So to Noobs like me - read this and the answered question. Guys thanks so much!
With your advice I got to +4 and a semi stable economy....semi...stable lol. I didn't realise once you promote a faction that also costs...
What a great community and thanks :) x