Patricia makes sure her cats are properly fed, but rarely spends much money on herself.
“I’m scrimping as much as I can, and I’ve sold a few household items to try to meet my mortgage repayments,” the 68-year-old says.
“I don’t go shopping for clothes, and I don’t go shopping for shoes, and I don’t buy makeup.
“I do like to get a haircut every six weeks, and I like to get a nice haircut.”
That small luxury may be the next item to be cut from Patricia’s budget as she tries to catch up on her latest mortgage repayment, equal to about half her pension.
Patricia, who lives in regional Victoria and asked for her surname not to be published, is one of a growing number of mortgage holders who have asked their lender for help,…
