When it comes to cutting corners to make ends meet, some of us consider all the deductions taken at work and see how we can fiddle with that. Like any company we look at payroll as a way to reduce costs. I myself have started nixing some of the life insurance for our kids.
What sorts of things should you not touch? I think medical insurance goes without saying. If there’s a cheaper plan offered maybe look into it but definitely don’t get rid of it completely. Then there’s the option of getting rid of your disability insurance. Many of us haven’t invested in that in the first place but for those of us who have I think should keep it if it isn’t costing you too much. Most of the time it’s just a few dollars per month so it may be worth it even though the risk of disability is low.