Children come first in a crisis
THE economic crisis is hitting families hard. Like most Coffs Coast families, the Lacey's have tightened their belts to make sure they get through.
Joel works full-time in retail management, while Janna is a full-time mum to their two-year-old son, Logan, and six-month-old daughter, Kenadee.
“We're certainly watching every cent that comes out of our pocket,” Janna said.
“I must say that nothing much has changed too dramatically - we've been living week to week since Logan was born. But we are looking more at everything and the bills seem to pile up a whole lot quicker now.”
Having said that, the family have made some pretty big sacrifices to ensure they can get through the financial crisis. Renovations on their house have been put on the backburner and they have traded in one of their cars for a motorbike.
“The motorbike is a hell of a lot cheaper to run and register, and we were planning on big renovations but they've been put on hold,” Janna said.
“We initially wanted to have three or more children, but much to our dismay we're learning that it's just not possible at the moment.”
Although, the family did find some relief with the drop in interest rates.
“Usually we would have kept our payments up and paid a bit more off our mortgage - but we rang the bank up straight away to lower our repayments, that's been a huge help,” Janna said.
Janna said although the current financial crisis has given her incentive to think about looking for employment, it's hard to weigh up whether it's worth it.
“I've definitely thought about going back to work, but you've got to weigh up the amount you're paying for child care. It doesn't really end up to be worth it in the end.”