How can I minimize iCloud storage without any extra cost?

You could copy photos to a computer, to some place that ISN"T synced with iCloud Photos; and make one or more backups of the computer. (You do keep backups, right?)

Transfer photos and videos from your iPhone or iPad to your Mac or PC - Apple Support

Create additional photo libraries in Photos on Mac - Apple Support

Of course, if you transfer them to a computer and then delete them from your phone, they will only be available on your computer; not on. your phone.

davemmmm100 wrote:

I don't want to pay $10 month to store 200GB on iCloud (have to use the 2 TB option)...any way to drastically reduce my storage or use a more economical storage. Storing Photos, Passwords, Messages and Mail.

Thanks

Stop syncing and backing up to the cloud, if you don't want to pay extra to secure your data.

davemmmm100 wrote: … I don't want to pay $10 month to store 200GB on iCloud (have to use the 2 TB option)...any way to drastically reduce my storage or use a more economical storage. Storing Photos, Passwords, Messages and Mail.

Perhaps iCloud is not what you need. iCloud is not designed for "storing" stuff; iCloud is made for synchronizing files and pictures so they can all be used seamlessly by different connected devices. Look around for other methods-- an external hard drive, for instance, is especially good for storage.