I was in the similar boat 🙂

Here’s what I would do:

Reduce auto insurance to about $150/month. We have two cars and with AAA, we are paying about $1,000 a year with full coverage.

Start your retirement plan. For self-employed, you can put in a lot more than paycheck earners. Take advantage of it.

You are paying too much for life insurance. Since your wife is not working, you should just insure yourself for half a mill. Get a 20-year policy rather than 30 year policy.

For Charity contributions, everyone got their own opinions. If it is important to you, so be it.

Hope this helps.