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Hello bunny, goodbye money
The chocolate-related stomach discomfort should be subsiding by now, but Australians’ wallets could still be uncomfortable following the Easter splurge.
Hello bunny, goodbye money
The chocolate-related stomach discomfort should be subsiding by now, but Australians’ wallets could still be uncomfortable following the Easter splurge.
According to Commonwealth Bank data released in the lead-up to Easter, Australians generally spend more than twice as much on food and in supermarkets in the days leading up to Good Friday.
At least, that’s what we’ve done in previous years. In 2017, Australians spent 148 per cent more at food shops and 124 per cent more at supermarkets on the Thursday before Easter, compared with the average Thursday spend in the month prior.
Executive general manager small business at CommBank Angela Clark said the bank predicted 2018 would be no different.
For those stung this year, CommBank had these tips to keep the wallet comfortable during the next big occasion:
1. Set a budget and plan ahead
It seems like a no-brainer, but CommBank urged customers to think ahead because impulse purchases add up.
2. Track your spending
By tracking spending, shoppers can make sure they’re not going over budget, CommBank said, suggesting customers look into spend tracker apps.
3. Shop out of peak times
Quieter times mean shorter queues!
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