How to Survive on Centrelink or a Low Income


How to Survive on Centrelink

This time of year is tough for many and there is an increase in relationship breakdowns, job issues etc as we head into the summer/festive season.

For various reasons, a household might have one income e.g. job loss, illness, a new baby etc. If it was unexpected, it might be a bit of an adjustment.

If it was planned or has always been that way it might still be difficult. It is becoming less and less possible to do with the rising cost of everything but there are some things you can do to help.

Some of the articles are aimed at single parents but can be applied to single income homes too.

​22 tips for single parents - This article covers more than just money. It's every aspect of life and how to make it more manageable.

​How to survive on Centrelink - A collection of all the articles and tips about Centrelink and low incomes

​How to survive job loss - Tips for preparing and also recovering if you didn't expect it.

​43 ways for single mums to make money - Flexible work options.

​How to manage financially when newly single - There is a lot to do and the sooner you can the better it is for your finances.

​How to stick to a budget as a single income family - Tips to create and stick to a budget.

​How to become a millionaire as a single mum - Compound interest, planning, being consistent, all of these things help.

​9 tips for pregnancy on a budget - So you can plan better to live off one income.

​How to reduce the cost of groceries - Recent tips to help with the cost right now

​23 ways to make money on the side in 2023 - A selection of ideas that many are using to make money on the side.

How to Live with Champagne Tastes on a Beer Budget Wage

Most humans have always wanted more or compared themselves to others. With social media and all the ways to consume content, those comparisons are getting worse.

How can you live with champagne tastes on a beer budget wage? Aspiring Millionaire has some tips here.

How To Get $1,000 Extra

What would you do with an extra $1,000? In 20 ways to make $1,000 I share ways I have personally made $1,000 extra. Many can be done at the same time, providing a few streams of income.

What I Am Reading

​The Long Weekend: Building Your Financial Retirement Plan, Navigating Superannuation, Centrelink, and Estate Planning in Australia.

Many retirement books skim the surface, the headline numbers, a few rules of thumb, and little else. The Long Weekend goes deeper, and then goes one step further: it helps you turn that knowledge into an actual, personalised plan.

It covers the Australian retirement system in the depth real planning demands, superannuation, the Age Pension, tax, Centrelink, and aged care, and shows you not just the rules but how they interact: how every dollar you draw from super changes your pension, how moving an asset changes the way you are deemed and taxed, and where the genuine opportunities and traps lie. From the mechanics of the transfer balance cap to the collision of the Age Pension income and assets tests, it explains the things other books leave out.

Then it puts that knowledge to work.

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The Thrifty Issue

Tips to make and save money, especially for Aussies. How I am clearing $59,973.72 worth of debt,As featured on ABC, Nine and Channel 7. Sign up for weekly tips plus freebies and discounts.

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