<prompt> Human: The ChallengeYou guys should have fun with this one. Ive tried to be as transparent and detailed as possible with our expenses including the stupid ones. We arent in any sort of financial emergency. We have zero consumer debt, an adequate emergency fund, and a healthy savings rate. But we are also far from perfect. I want to reduce our expenses in order to max out my wifes 403b and retire debt more quickly. My goal is to free up roughly 1,500 per month. Ive got some ideas, but I figured Id turn PF loose on it and see what you come up with.About UsMarried, 35M me and 35F, 2 kids 7 and 3 years old. Stable jobs. Love our house neighborhood school system. Low cost of living area. Annual Income 203,200Him: 118,900 Salary 34,500 Annual BonusHer: 49,800Monthly Take Home Pay: 9,557 doesnt include bonusSavings and InvestmentsCash: 33,800 6 months expensesRetirement 401k, 403b, Roth IRA: 191,491Kids 529s age 7 and 3: 43,074Unvested Stock Awards: 57,961Note: I also have a defined benefit pension planPropertyHome: 382,500 Purchase Price 20102 modest cars 2005 and 2012 that we will drive until they dieDebtMortgage: 303,788 3.625, 28 yrs remainingStudent Loan: 70,918 3.99, 5 yrs remainingCar Loan: 7,844 2.4, 2 yrs remainingCredit Card: 0Pre-Tax Savings Rate YearlyHis 401k: 17,500 7,134 matchHer 403b: 4,998 4,998 matchHSAs: 3,200 employer contributionAfter-Tax Savings Rate YearlyHis Roth IRA: 5,500 fund with annual bonusHer Roth IRA: 5,500 fund with annual bonus529 Accounts: 10,000 fund monthlyMonthly Recurring Expenses 6,320moMortgageInsuranceProperty Tax: 2,065Student Loan: 1,317Auto Loan: 298Day Care After School Care Summer Camp: 1,107Utilities: 129 gas, 54 sewertrash, 38 water, 144 electric 335Association Fees: 58Security System: 36InternetPhone: 86Mobile Phone: 79Car Insurance: 99Netflix: 8529 Contributions: 833Annual Expenses 1,966yr or 164moCar Registration: 364Costco Membership: 100Amazon Prime: 99AMEX Platinum Fee: 450 I travel a lot for work and I used to get a ton of benefits from this card, but theyve dropped some of the best perks recently. So this is an obvious cutSprinkler Contract: 228 start-upshutdownmaintainenceLandscaping: 725 fall cleanupMonthly Variable Discretionary Expenses 2,297moCostco: 577 grocery household itemsMarsh: 353 groceryRestaurants: 340Workplace Cafeterias: 130Gasoline: 214Kids Activities soccer, piano, swimming, horseback riding lessons: 215Housekeeper: 433Lawn Service: 35 152Summary of Monthly Income vs. ExpendituresTake Home Pay: 9,557Monthly Recurring Expenses: 6,320Accrue for Annual Recurring Expenses: 164Monthly Variable Expenses: 2,297Leftover: 857 740 funds various expenditures. mostly things categorized as shopping. in MintFinal NotesPretty much everything is up for discussion except the housekeeper, which is key to our marital harmony. If anyone is wondering, the remainder of my annual bonus has typically been used to fund major expenses new roof, family vacations, and retire debt. Finally, our retirement savings may look low relative to our incomeage. This is because I went back to school at age 28, which led to a significant increase in income.Thank you in advance for your ideas!Edited: Formatting, CorrectionsAssistant: Youre obviously doing pretty well. Have you thought about investing in fixed income securities? Human: 15 of our retirement portfolio is in bond funds at the moment, though Im contemplating going up to 25 age - 10.Assistant: Just some finance 101, Bond prices go down when interest rates go up, as interest rates are at an all time low and can really only go up I would stay away from increasing your bond allocation.Human: A little finance 201, markets are efficient. Todays bond prices reflect the markets expectations of future interest rates and the credit worthiness of governments and private institutions. If we knew with any certainty that bond prices were going to decrease, they would have already decreased. The purpose of bonds in a portfolio isnt to generate high returns. They dampen volatility and provide a source of capital to rebalance into equities during market downturns.  <response>: MBAd! 