Over 3,000 jobs to be axed in Queensland Government. 2,000 jobs at QR alone including 12 very comfortable executive positions. 500 more over at Department of Justice.
No more corporate boxes at the football for state government networking and we’re not going to spend $275 Million on new offices for the Public Works Department.
The Courier Mail also reported today, that double sided printing has been enforced and that staff catering is to be axed.
This is what the Premier is doing to reduce our debt at State Government level. But when was the last time you reviewed your household spending? Do you read your monthly bank and credit card statements? Do you peruse the transactions being made or do you just check to see that some random stranger hasn’t hacked your internet banking and stolen the $15 you have in your ‘savings’ account?
There’s an old joke that says a man didn’t report his wifes stolen credit card because the thief was spending less than she was. Are you the biggest culprit in your financial mess?
Each month, financial commentators angrily report to you that you missed out on $120 of cashflow savings this month because your bank held back the RBA’s interest rate cuts. We hear politicians rail nightly about the imposition of the new carbon tax and how we’re penny pinching to survive. Everyone, it seems, has a tale of woe about how much they’re struggling.
And yet, last night I watched The Maroons win their seventh State of Origin series surrounded by a sea of supporters jerseys, scarves and beanies from both sides of the border.
Perhaps we don’t have a cash flow problem at all. Perhaps we have a priority problem. I fully support your right to spend your income anyway you choose but if you’re going to complain about your cost of living, then make sure you’re in control of where it goes.
For one month, write down every single cent that is spent and earned in your household. Sit down at the end of the month, with your partner if you have one, and go through the items and the dollars spent individually and discuss whether it needs to be stopped or altered.
Are there little habits that have snuck into your routine, which have a cumulative effect?
You might be surprised to find that you can go ahead and spend $170 on a supporters jersey guilt free because you’ve discovered that your trips to the coffee van are costing $20 a day.
A $5 coffee doesn’t sound like much, but three of those a day plus a bikkie at 3pm adds up. An average person who works a five day week and a 48 week year will spend $4,800 per annum. On Coffee.
Are there two people in your home on this little escapade? That could equate to an annual $10,000 family holiday.
I know which one is better for my family.
What does your family do to monitor cash flow? Tell us about it in the comments.