When the pandemic hit with the stay-at-home orders, many people were knocked out of work. The world economy is now officially in recession, and most households are facing lean times. I'm one of the lucky ones in that I can work from home, and my client committed to keeping us consultants employed. But there is still the uncertainty of the future, both for my family, and many others.
One of the outcomes of this recession was that many people cut back on unnecessary spending. I'm including expenses as one of my areas of life to edit, because I have found that I shifted spending, and I'm not sure I want to go back to the way it was.
Editing expenses is not just about cutting back. It's about assessing whether the expense is really giving you a good return on your money, or whether it is the right service to use.
The thing I didn't realize is that I am often paying for things that I don't use or need. If I am aware of such services, and I'm not using them, I then feel like I should "do something about it", which becomes another open loop.