At the moment, it feels like everything costs about a million dollars. From rent to groceries, prices are skyrocketing. But there's one thing that Aussies don't want to give up: travel .
In fact, a recent Skyscanner study found that 51 per cent of Australians would be willing to give up buying takeaway coffees to save for a holiday. READ MORE: Hawaii food guide: All the best places to eat and drink on the island of O'ahu Other expenses on the chopping block that Aussies have cut back on include eating out at restaurants, entertainment, car journeys to save on petrol, and food delivery services. And it appears to be working.
Skyscanner's research found that those of us who have stopped buying takeaway lattes and cutting back in other places have saved $320 each month on average (or more than $3,800 a year). Younger generations are even better at it: Gen Z are saving around $370 per month. READ MORE: The questionable ways Aussies are stashing their cash when travelling While it's not exactly going to make you a millionaire, these small sacrifices can add up pretty quickly to get you an overseas trip.
Two months of saving just $7 a day can get you a flight from Melbourne to Singapore. If you can stick it out, four months of saving sacrifices could even get you to Europe, with Skyscanner showing $1423 flights from Melbourne to Greece, or $1198 flights from Brisbane to Italy. The 'Everywhere' search on Skyscanner lets you see at a glance the many places you could go ba.