this post was submitted on 20 Sep 2023
32 points (97.1% liked)

Aotearoa / New Zealand

1618 readers
58 users here now

Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general

Rules:

FAQ ~ NZ Community List ~ Join Matrix chatroom

 

Banner image by Bernard Spragg

Got an idea for next month's banner?

founded 1 year ago
MODERATORS
[email protected]
[email protected]
32
What have you changed about your lifestyle to deal with the cost of living increases? (lemmy.nz)
submitted 11 months ago by [email protected] to c/[email protected]
47 comments fedilink hide all child comments
 

I was having this conversation with a friend and we both got some useful ideas from each other (cancelling various underused subscription services, making use of libraries, more home vege gardening etc) - curious to know what else people are trying.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 11 months ago

This is a really good idea if you're in a position to be putting any cash savings aside. In a perfect world everyone would have 3 months of expenses in cash savings, obviously that's not always realistic, but if you combine that with an offset or revolving credit then you have the benefit of having that safety net while still saving the interest cost on that money. Our offset mortgage saves us about 100 bucks a week, a good chunk of that is just my provisional tax sitting aside waiting to pay the IRD.