Stick to a budget plan
AFTER the extra expenses of Christmas, the personal budget often becomes the focus of New Year's resolutions, but creating one you can stick to is the trick.
Lifeline Community Care financial counsellor Sue Hough said the trick to a good budget was to be realistic about where you're spending money.
“Too often people are overwhelmed by the number of expenses because their budget does not accurately reflect their spending habits,” she said.
Ms Hough said tips included cancelling credit cards, shopping with cash and taking only the amount of cash you intend to spend that day, and planning meals before you go to the shops.