There are lots of places to cut back economy wise. We did so two years ago. We no longer have TV/Satellite, no cell phones, we don't go out to eat but once per month. I buy all my fabrics/books/patterns/second hand. I shop garage sales and auctions for household goods and any furniture I can make over and re-use. I cook from scratch. I gave up driving but kept my cars so I don't pay for gas/tags anymore. I walk instead, easy in a small town. Last year I didn't fill the propane tank and heated my house with electric heaters instead, it saved hundreds of dollars and we were warm enough. Since I'm at home all the time I fill the space with sewing and quilt making for my kids and grand kids which helps them out too. The only extra we hung on to was internet service, you have to stay connected to the rest of the world somehow.