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How Income and Life-Stages Shape What We Buy
It is the fundamental rule of economics that we live in an environment of scarcity. For the average household, this requires putting our limited resources to the best possible use by making often tough decisions about what and how much to consume, produce, trade, and invest. Our income plays an important role in shaping these everyday spending habits. From the necessities we prioritise to the luxuries we indulge in; our financial resources drive our consumption patterns.
Read MoreHow to Pay Less for Your Utilities
You can start making the small changes in your home to reduce your energy consumption and reduce electricity costs. We have a few tips that you can implement.
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