Six tips to beat the cost of living crunch (and one for saving on toilet paper)

From power bills to mortgages to rents to petrol, the cost of just about everything is going up. And fast.

With inflation tipped to get worse before it gets better, what can you do to protect your household budget from rising costs?

Money editor Dominic Powell and senior economics writer Jessica Irvine are hosting the new podcast It All Adds Up.Credit:Dominic Lorrimer

In this week’s episode of the It All Adds Up podcast, we share some of our top strategies for beating the rising cost of living.

Learn how Jess manages to pay just $80.49 a month for private health insurance and Dom’s tip for how every Victorian household can score $250 in free money – along with a swath of other rebates – this year from the government.

Whether it’s finally summoning the courage to ask for that pay rise, reviewing those pesky subscriptions or scoring a 10 per cent discount at the grocery till, we reckon we have you covered with some great ways to save.

We also answer another listener question on the best way to invest for children (spoiler alert: it’s complicated from a tax perspective), and Jess finally shares her toilet paper savings tip she’s been promising since our preview episode.

Have a listen on all major podcast players, including Apple Podcasts and Spotify, and don’t forget to send in questions of your own to [email protected].

It All Adds Up is sponsored by Trilogy Funds.

  • Information given in this podcast is general in nature and is not intended to influence listeners’ decisions about investing or financial products. They should always seek their own professional advice that takes into account their own personal circumstances before making any financial decisions.

For more money saving tips and advice, sign up to receive the free weekly ‘Money with Jess’ email here.

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