Decrease premiums/increase deductibles
This plan might not be for everybody, but if you are paying high premiums on insurance from car insurance to home insurance, you might want to increase your deductible. Just make sure, should something come up, you’d have enough in your emergency fund to cover it. Look at it this way: a premium is money you will absolutely pay, and never see again, while a deductible is something you might pay. So if your current car insurance is, say, $200 a month with a $500 deductible, taking the premium down to $150 a month might make your deductible go up to $1,000. You will definitely save $50 a month if nothing happens. And while it’s true your deductible went up by $500, you actually saved $600 a year by lowering your deductible. These numbers are just an example, but they show you how lowering your premium means actual real savings (so long as nothing happens).