During the pandemic and quarantine I have been reflecting a lot. Last year, I went to Asia visiting family and a trip to Japan. So I bought travel insurance just in case. I decided to go for a year contract cause I wanted to travel in 2020 to Taiwan and South Korea. But also to neighboring countries like Germany, Belgium, France and UK. However due to the pandemic it all got canceled.
So after two months in quarantine and working from home, I looked into my expenses. I decided to end my insurance at the end date. This makes sure I will not be too late to notify and it will not be extended for another year. I also see that they will adjust the terms of insurance so, goodbye to this expense from September on.
I also got a free banking account, so that I can cancel my frequently used account. Since I don't receive any interest but pay a monthly fee for it. Even my event card for museums has been cancelled because I can go nowhere and enjoy the benefits of the card.
Quarantine is not fun but during the extra time at home, I can make sure that what needs to be done will be done. And cutting cost is always a plus.
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