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Perhaps, you can use downshifters as models. Downshifters are people who have voluntarily and deliberately reduced their income and their expenses.
What downshifters do to reduce expenses:
Can you see why you might want to consider using downshifters as your model? A major rational belief about personal finance is that there are only two ways to get out of financial trouble—increase income and reduce expenses. If you can’t or don’t want to take steps to increase your income, your only option is to reduce expenses. To reduce expenses, you must change your beliefs about what you think you need (really a want) to what you really need. It’s time for a readjustment of your gut checking mechanism.
The good news for you is that by downshifting expenses you may be able to reduce your expenses by around 20 percent without seriously impacting your standard of living or quality of life. See Downshifting or Downshifting Week for more information and ideas about downshifting.
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