New NAB research reveals that despite a rising cost of living, Australians are determined to prioritise spending on their children and pets and are making 'considered choices' to meet the cost of school fees, children's sports and insurance. NAB's economic research demonstrates the trade-offs Australians are willing to make to protect those things they really value: Least willing to cut back on: Children's private school fees (10%) Children's activities: sport, hobbies (12%) Spending on pets (18%) Outsourced home services/cleaning (21%) Insurances: health, home, car (21%) Most willing to cut back on: Eating out at restaurants/take away (55%) Micro treats: coffees or lunches out (50%) Trips to the movies or entertainment (49%) Car trips to save on petrol (45%) Holidays (43%) NAB Head of Everyday Banking Claire Righetti said the rising cost of living is prompting Australians to cut back spending in some areas they can live without to prioritise their spending on things they value most.

https://www.miragenews.com/kids-and-pets-top-of-list-for-considered-1052163/

#miragenews