With families feeling the pinch of the cost of living now more than ever, people are looking to overhaul their spending habits and make realistic savings in everyday life.

But, what mistakes are we making in terms of family budgeting, and what simple things can you do to improve your family’s finances?

Also, should you be using this long weekend to take a long hard look at your finances?

Anita Collins runs the ‘Efficient Family Life’ Instagram account, and joins Tom Dunne to discuss.