Here, 7NEWS Network Finance Editor Gemma Acton, admits her family isn’t immune from struggling through the cost-of-living crisis — and here’s how she’s facing it head on. When we hunkered down back in May 2022 for the first interest rate rise to counter the first signs of inflation, I was among the many who thought we might be out of the financial trenches by Christmas.
It’ll reduce the likelihood of being walloped by financial shocks that could have been avoided — and help you to ensure your lifestyle suits your financial reality. Start today — learn a little bit more each week and you’ll be up to speed by later this year. It’s a skill that you’ll never lose and will protect you for the rest of your life. Keeping to a budget is key. In its basic form this is simply a tally of money coming in versus money going out.
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