You’ve probably noticed a tank of petrol or a trolley of groceries are costing quite a bit more than they used to.

At the same time, you’re likely to be paying more for your monthly mortgage repayments if you’re a homeowner and may be forking out more in rent if you’re not.

The combination of higher inflation and rising interest rates are putting pressure on a lot of households.

If you’re feeling the pinch, there are a few things you may be able to do to save money without giving up things that are important to you, as First Nations Foundation CEO Phil Usher explains.