5 Expenses You Can Painlessly Cut From Your Monthly Budget

With the coronavirus pandemic sweeping the world, millions of people from Edmonton to London have lost their jobs and have trouble managing their budgets. When financial times are hard, it can be stressful just to make ends meet. With a bit of consideration, there are many areas where you can trim the fat on your spending and save some money.

If the pandemic has taught us anything, it’s about how to designate what’s necessary. Even though you may be used to a particular style of living, you may be surprised at how many things you can painlessly cut from your budget that will make a real difference.

If you are still working, you can investigate loans in Edmonton or Paris to help you temporarily make ends meet. For more permanent changes that will help you budget long-term, there are a few expenses that you can cut to make your finances more manageable.


It’s so easy to click and pay for various online apps and subscriptions that make our lives easier. Most people are not even aware of all of the subscriptions that they have. It’s a good idea to make a list of every membership and subscription you have and consider where you can make some cuts. 

  • Cable subscriptions can be reduced to the primary channels.
  • Magazine subscriptions can be put on hold.
  • Online apps that aren’t necessary, like music or video streaming services, can be cancelled.
  • Cancel your gym membership and workout at home

Eating Out

Most families spend hundreds of dollars a month on eating out or take-out meals. The pandemic’s quarantine restrictions make this the perfect time to try out some new recipes in your kitchen. If you are still working, try skipping the expensive latte and lunches and opt for a thermos cup of coffee made at home and a bagged lunch. 


One of the pandemic’s best advantages is that families are spending more time together than ever before. With most public places like restaurants and theatres closed during the pandemic, it’s up to you to entertain yourselves at home. There are plenty of activities that you can enjoy on your own or with your family that will save you money during the pandemic.

  • Catch up on your reading
  • Play board games
  • Watch Netflix or Amazon Prime
  • Go hiking
  • Go camping

Gym Membership

Most of the gyms across the world have shut their doors during the pandemic. This means that you can not only save money by putting your membership on hold, but you can create fun workouts at home. Head out for a bike ride, walking around the neighborhood, or exercising with video instruction right in your living room. 

Bundle Your Insurance

Insurance coverage is an unavoidable expense for most people, but there are still ways to save money on your premiums. If you are working from home and only using one vehicle, you could take your coverage off your car until you return to work. If you have multiple policies to cover your home, life, and vehicles, bundling your policies with one company can save you up to 30% on your premiums.

When times are tough, it’s up to you to reconsider some changes that will make it easier to make ends meet. From cutting back on your food and entertainment spending to changing your insurance coverage, these painless cuts to your budget will help you get through a financial crisis.