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Reply to "What are some easy ways to cut back during a layoff?"
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[quote=Anonymous][quote=Anonymous]When we had to cut back I went through old credit card bills and identified patterns of expenses to cut. Food is a big one - obviously avoid eating out (including fast casual) but also cook recipes with cheaper ingredients (eat more beans -- and make them from scratch). Try not to cut back on things that save your sanity (once a week exercise class is fine if you need it, but try to mainly walk/bike/run).[/quote] This one made me realize: does everyone not track their spending? Our funds are all in quick books, and every cc bill broken down. I can tell you what we've spent on electricity every month in our home (25 years). Same for cable and food and, well everything. This helps us a) know where to cut back when necessary, and b) how much we need to retire to live at our current lifestyle[/quote]
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