Family drives a hard bargain
THERE hasn’t been a single time the Saunders family tried to get a better deal from a service provider and failed.
Kellie Saunders, 35, said she wasn’t surprised by the results of The Sunday Mail and Canstar investigation that revealed average families were missing out on thousands of dollars of savings by not looking for the best deal.
“We review (our contracts with service providers) annually,” she said. “There hasn’t been a single time that I haven’t been able to find a better price for the same product on insurances in particular.
“Similarly with our mortgage, by switching banks last year, our rate dropped 1.1 per cent, saving thousands of dollars per year.”
The registered nurse and mother of two said she understood that sometimes tackling finances could seem overwhelming.
“It can be a lot of hard work but it is financially worth it,” she said.
“If it all seems too much, enlist the help of a broker.”
For the Carseldine-based ldi b d family of four, balancing cost-of-living pressures was a challenge made easier by budgeting, Ms Saunders said.
“As the cost of everything increases and the number of expenses increases, it can be hard for people to stay on top of things,” she said.
“We spend quite a bit of time on our finances. We have a detailed budget that we stick to pretty accurately every month, and we review it every quarter. It works for us and helps us keep on top of ever-changing expenses.”