5 Budget-Friendly Ideas for Reducing Your Cost of Living

There's two things you can do in a cost-of-living crisis! Reduce expenses or increase income. Stewart sent us a message to ask for our best ideas - so we've hit up our shortlist! So Bryce and Alec go through their best ideas of each. To reduce expenses, you need to focus on the significant line items on your budget. The most substantial line items on the budget for Australian households include housing (20-35% on average), food, recreation/culture/transport, insurance/financial services, and health. So! Bryce goes through these line items and the guys chat about their best ideas. If you want to let Alec or Bryce know what you think of an episode, contact them here. Stay engaged with the Equity Mates community by joining our forum. Want more Equity Mates? Come to our website and explore! You’ll find information on our full network of shows, including our Equity Mates Investing Podcast, book recommendations, blogs, news, and more. *****In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****Get Started Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.Get Started Investing is part of the Acast Creator Network.  Hosted on Acast. See acast.com/privacy for more information.