finance

How to Budget-proof your family

This Budget-wary mum decided to stop stressing and start saving.

 

We’ve all heard how tough next week’s Federal Budget is going to be.

If reports are accurate, Australians will be on average $8000 a year worse off due to changes to the Family Tax Benefit Part B alone. Once you factor in visits to the GP, the debt levy and other budgets hits, families are more likely to be $15,000 a year worse off.

So where is the money going to come from?

Here are 16 ways to slash your families expenses and prepare for the pain: