AVERAGE Aussies are teetering on the brink of financial disaster as costs of living rise, yet they refuse to adjust lifestyle expectations, worrying new research has found.
A Comparethemarket. com.au survey of 1000 adults revealed 57 per cent of households could only cut spending back by $500 a month if they found themselves in financial distress. Alarmingly, 25 per cent could only save $200 a month.

Mark and Carmen Landells are breathing easier after taking out insurance.
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