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Five ways to save money during a recession

Emmanuel Guignard, Senior Home Loan Broker and Director at Loanscope, offers some advice on how to save money during difficult economic times without sacrificing all the pleasant things in life.

Coins, cash and a calculator and notepad.
With inflation heading one way and wages growth another, there's never been a better time to look for potential areas of cost-cutting and saving. (Image source: Shutterstock.com)

Rising costs are affecting everyone globally and paying close attention to expenses is the sensible thing to do right now. 

With costs most likely to rise even further, now is the best time to take charge of your finances and make savvy money moves. 

Emmanuel Guignard, Senior Home Loan Broker and Director at Loanscope, said saving money need not translate into a frugal lifestyle devoid of treats and enjoyable activities.

Here are five ways to …

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