Mastodawn

zero_gravitas Jul 12, 2024

There is a cheaper alternative to supermarkets, but most people don't know it exists [It's shopping cooperatives]

There is a cheaper alternative to supermarkets, but most people don't know it exists [It's shopping cooperatives] - Aussie Zone

> - In short: Families are making significant savings on their grocery bills by forming small shopping co-ops. > > - Cooperative business structures account for less than 1 per cent of the supermarket sector in Australia. > - What’s next? The peak body for co-ops is calling for more government support for the business model.

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lumpenproletariat Jul 12, 2024

I need to start ditching more companies. Reminds me I also need to look into leaving commbank for a credit union.

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Fluid Jul 13, 2024

Do it. I don’t understand why more people don’t join credit unions / mutual banking. There’s literally no downsides, they have all the same services, protections, minus the fees. It’s a no brainer.

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vividspecter

Fees have almost entirely gone away for most banks these days (at least the ones I’ve used), so I get the inertia. It certainly didn’t make sense when people would stay on the likes of CBA back when they had monthly fees and a savings rate much lower than third party banks and some credit unions.