overdrafts

Using cash is the best way to survive if you are struggling with your budget during the cost of living crisis and need to be mean.
It is not only the poor that are worried about paying for their rent, mortgages, food or energy bills.
Unfortunately we have got too used to contactless cards, credit and debit cards and do not always know how much money we have to spend.  The money runs out before the month does and we can incur overdraft or penalty charges.
It may take longer to go round the supermarket when you are using cash and making sure you have enough for your shopping. But it puts you back in control of your spending.
Cash helps us to think before you spend. 

If you've got a money saving idea you'd like Mrs Mean to get her teeth into, please send a message 

Please send ideas questions, tips and warnings about rip-offs to Mrs Mean through the contact page on her website: mrsmeanmoneyshow.co.uk or to infomrsmean@gmail.com

Please note: Given the current restrictions in Sydney, we will be delivering our market updates via audio format. We will revert back to the usual video format once restrictions ease. We thank you for your understanding. 

The Aussie share market is set for a negative start to the week. The futures are hinting a 0.5% pull back, following all three US major indices closing lower. 

Watch to watch today: 

• Given the increased restrictions in Melbourne and Sydney, Australia is likely to see economic activity fall in the September quarter by 1.4% from July to September. 
• Sydney’s new restrictions include a pause on all construction, with 250,000 construction workers told they cannot work. Additionally, non- essential retail stores are closed and Sydney’s public transport has been halved with timetables reverting to Sunday schedules. 
• As the construction industry takes a big hit, watch Boral (ASX:BLD), Brickworks (ASX:BKW), CSR Limited (ASX:CSR), and CIMIC (ASX:CIM) and Fletcher Building (ASX:FBU).  
• Energy stocks are expected to make strong rebounds this week, while banking will pull back. 
• Commonwealth Bank (ASX:CBA) are offering loan deferrals and Westpac (ASX:WBC) are offering interest free temporary overdrafts. 
• Brisbane may potentially host 2032 Olympics. The announcement will be made on Wednesday. This will be positive news for infrastructure, engineering, travel and tourism and hospitality stocks. 
• The iron ore price rose 0.5%, copper rose 2.4% and coal prices surged to almost $150.00 a ton, to their highest level in a decade. 

Trading Ideas: 

• Citi has reiterated Afterpay (ASX:APT) as a HOLD with a $125.00 price target. 
• Neometals (ASX:NMT), archTIS (ASX:AR9) and Strike Resources (ASX:SRK) are all giving off bullish charting signals, according to Trading Central.