As consumers adopt penny-pinching habits to offset the rising cost of living, financial journalist Michelle Baltazar shares practical tips to stretch household budgets across groceries and energy.
Key Points
- According to Statista, Australians spend an average of $204 on groceries, totaling roughly $816 per month.
- Grocery Savings: Baltazar recommends using apps that alert users to half-price grocery items, buying product at markets or clearance sections (where bruised spots can simply be trimmed), and reducing meat consumption.
- Energy Savings: Households in eligible regions can lower power costs via the Australian Government Solar Sharer Offer (SSO), which provides three hours of free electricity daily. Eligibility can be verified at https://www.energy.gov.au/rebates/solar-sharer-offer.
Disclaimer: This podcast is for general information only. For specific financial advice, you should consider seeking independent business, legal, financial, taxation or other advice to check how the information here relates to your unique circumstances.
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