We are a family of four (with two elementary school children), and I am asking to check our monthly living expenses.

We are a family of four.. We used to work both parents and managed to get by somehow.

Maybe because the economy is bad, my company that I used to work for also started to decline, and eventually it closed down.

So, the income has been reduced to just one person.

The couple's insurance premium is around 600,000 won, and the children's insurance is also 600,000 won, totaling 1.2 million won.

The combined cost of the two children's private academies is 1,250,000 won.

The water, gas, and electricity used at home cost approximately 600,000 won (the electricity bill is quite high).

The phone bill is about 200,000 won for four people.

The meal expenses are approximately 1.2 million won.

So far, it's about 4.45 million won, and if I want to save a bit or do something, I need to have some alpha...

However, since one person is no longer working full-time, it will probably be around 400 per month at best.

Could I ask for your advice on which areas of my expenses are excessive compared to other households?

Please give advice from wise people.