ME Bank’s latest Household Financial Comfort Report found one in two Australian households say the cost of necessities is their biggest financial worry.

That’s understandable as these expenses can eat up a large chunk of our income. So let’s look at a few quick tips to save:

Drive a better deal on fuel

Fill up on days when petrol prices are cheaper. The ACCC website (www.accc.gov.au) features details of petrol price cycles that can help you decide the cheapest and most expensive days at the bowser.

Switch to save on utilities

Ensure your current utility provider is competitive. Use comparison sites to identify low cost providers in your area or ask your current provider if a cheaper plan is available.

Bag a bargain on groceries

Always shop with a list. It prevents impulse buying, which can be a real budget breaker.

Don’t overlook your home loan

We can’t always control the cost of essentials, but you do have control over some of the biggest expenses in your household. It’s always worth taking a few minutes to review your current loan. You may identify opportunities to secure a lower rate or look for a loan offering features better suited to your needs. To learn more, contact call ME Bank on 13 15 63 or visit mebank.com.au.

Members Equity Bank Ltd ABN 56 070 887 679 AFSL and Australian Credit Licence 229500


Date Published: 26/02/2015 Category: Member Benefits

Related Content

Member Benefits Update January/February 2021

Member Benefits Update January/February 2021

Read More

Ready to buy a new car? Get the best price at the push of a button.

Ready to buy a new car? Get the best price at the push of a button.

Read More