Cost of living pressures are affecting a great number of people these days. Between increasing electricity costs (around 22% in Queensland), rising council rates, and growing food prices, it can be a struggle to make ends meet.

You can alleviate this through developing a budget that works for you, creating an easy system for paying bills on time, and reducing non-essential spending. But once you have exhausted all of these (and other more extreme cost-cutting measures), sometimes you just need more money.

Reduce your payments

Besides getting a second job or using some more creative ways to earn more, there is a simple way to get that extra money you need – reducing the payments on the largest debt you have: your mortgage.

Switch your mortgage

By switching your mortgage to one that could save you $40K over the life of the loan – giving you an extra $133 per month in your pocket – you could use those savings to alleviate your cost of living pressures, or even finally get ahead.

Think about what you could do with that extra money each month.

Could you do with an extra $133 per month to meet those cost of living pressures? If so, then why not speak with us today.