How to Stop Living Paycheck to Paycheck in Australia (2025 Guide)
How to Stop Living Paycheck to Paycheck in Australia (2025 Guide) If your money runs out before the month ends, you're not alone. In 2025, many Australians still live paycheck to paycheck — but it doesn't have to be that way. 1. Track Every Dollar Use apps like Pocketbook, MoneyBrilliant, or your bank’s tracker to see where your money is actually going. 2. Build a Buffer Fund Start small — $500 to $1,000. This gives you breathing room when unexpected costs pop up. 3. Cut the Silent Budget Killers Subscription services Takeaway food “Buy Now, Pay Later” purchases 4. Automate Savings on Payday Send a portion of your income to savings before you even see it. Out of sight = saved! 5. Try the 50/30/20 Rule Allocate 50% to needs, 30% to wants, and 20% to savings or debt. Simple but powerful. 6. Increase Income If You Can Freelance gigs, selling unused items, or even asking for a raise can help break the cycle faster. Final Thought: You don’t need a bi...