One Aussie mum needed some top savings tips, and looked in the best place for it - Facebook group Mums Who Budget & Save.
The mum asked the Facebook group what their best savings tips were, and got a hilarious response from one mum, leaving everyone in stitches.
“Don’t have kids,” the mum said. “I have 3. I’m an authority on it.”
And she wasn’t the only one who thought so.
“5 here.... DON’T DO IT!!!” Another mum responded.
“Could have told me that 3 kids ago!!” Another said.
And they might be on to something: A 2016 study found the average cost to raise a child to 17 in Australia is $297,700.
And for a family with two parents and two kids, this works out to an extra $340 per week.
As of 2019, depending on how long you or your spouse need to leave the workforce, your household could forfeit over $300,000 in income - bringing the average up to just under $600,000, Finder revealed.
But while the comment may have been just for laughs, here are 10 other tips that these Aussie mums stick to.
Act your wage
Meal planning - and sticking to it
Read the Barefoot Investor
Don’t pay full price for anything
If you can’t pay for it in full, don’t buy it
Stick to ‘needs’ not ‘wants’
Cook as much as you can
Stay away from Kmart
Go to the supermarket toward the end of the night - you might be able to snag some markdown items
Save first, then live
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