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MyBudget on 7News: COVID-19 Budgeting Tips
By MyBudget Editor

It's a difficult time for many Australians financially, with many families being forced to tighten their belt, especially those adjusting to living on a single income.

Tammy Barton, founder and director of MyBudget, spoke with 7News about how people can best manage their money during these uncertain times:

  • Your first priority should be to put food on the table for your family, followed by paying your medical expenses or any medical bills.
  • If you don’t have enough to then cover your rent or mortgage repayment, you can always negotiate more affordable repayments with your creditors.
  • A budget will help you collate your income and all of your expenses to make good, sound financial decisions moving forward.

Watch the full news clip below.

If you are looking for a free budget template, you can download ours here.

If you would like assistance to develop a personalised 12 month budget, learn about our service offering and free phone consultation and budget plan here.

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