4 ways to ease the cost of living

07 February 2019

As you become more established in your profession, you start to look towards the future.

 

Big life expenses such as purchasing a home and the costs of raising a family suddenly start to become much more immediate. However, the cost of living can be chipping away at your attempts to give yourself a strong financial base for the future.

Making small changes, and being aware of the money-saving opportunities out there, can make huge impacts on how much you put aside.

Here are a few ways that can help to ease the costs of everyday life.

1. Help save the planet, and your wallet

If you upgrade halogen downlights to LED alternatives in NSW, you could be eligible for savings. Making the change through an approved supplier can also mean discounts on the lighting itself, as well as cheaper energy bills.

A postcode search on nsw.gov.au will allow you to find an approved supplier in your area, and from there it’s as simple as comparing quotes and choosing the one you prefer. An electrician will then be sent to your house to install your new eco-friendly lights.

2. Compare fuel prices

Apps and online tools are available across Australian states that allow you to compare fuel prices and search the locations of petrol stations. They can be used on a range of devices to ensure you’re always getting the best deal.

3. Recreation reductions

Maintaining a good work-life balance is important for our health, but recreational activities can often be among the first things to be sacrificed in the name of savings.

To encourage NSW residents to stay active, the government is offering a $15 discount for 1-year All Parks and Multi-Parks passes to NSW National Parks when you renew your vehicle registration. This is a great way to get away from the stresses of working life, and spend some time in the state’s most beautiful regions.

Find out more.

4. Take advantage of other government rebates

Depending on where you live and your personal circumstances, you may be able to receive government rebates and savings. For example, in NSW you could receive relief on tolls, CTP Green Slips, health, and more. All you need to do is complete an online form of just six simple questions and you can discover the savings relevant for you.

And if you’d like professional advice on how to better manage your money to reach your financial goals, our financial planners can help. Request an appointment online or call 1300 547 873.

The information on this website is of a general nature only and does not take into account your personal objectives, situation or needs. You should consider obtaining professional financial, taxation and or legal advice tailored to your personal circumstances prior to making any financial decision.