With the latest inflation figures showing a 5.1 per cent increase over the past 12 months; along with an interest rate rise and surging petrol prices, there has never been a better time to tighten the money belt.
Early childhood teacher and blogger Elizabeth Mitchell said the recent inflations have definitely made her budget more.
“That’s not to say I don’t splurge now and then, but I’m buying less takeaway food and buying grocery items on clearance. I walk to the shops instead of driving and carry my groceries in a backpack to save petrol.”
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