Make sure you aren’t paying too much for insurance. A simple and straightforward term life insurance policy premium is a fraction of a whole life policy premium. The process of cutting expenses is important when you are trying to live on less, but you also want to make sure that big problems don’t derail your progress. Make sure you have life insurance for you and your partner if you have one. Choose a policy that isn’t tied to an employer.
Contributors: Lingke Wang from Ethos