Cutting Household and Other Expenses

Note: The examples below are just examples. Since everyone has a different situation, they may or may not apply to each one of us.

Example #1

When our child was born, our budget structure changed from double to single income. Gradually, we learned to adjust our expenses accordingly. It was important for us to have gone through this gradually so that the process is not overwhelming. Here is what we did, in roughly chronological order.

Future plan: