A financial commentator says Australians should explore their own personal relationship with money, as cost-of-living pressures continue to hit home.

Effie Zahos, editor-at-large at Canstar, has released a revised edition of her book A Real Girl’s Guide to Money which includes a bill buster action plan.

“Moving from say, an average bill price on all your household bills to the cheapest and best value could save you $12,000 in the first year,” she told Sofie Formica on 4BC Afternoons.

The book also looks at how to establish your relationship with money and whether you’re a spender or a saver, and the nuances around how you look at, spend and squirrel away your money.

“I can talk forever .. anyone can tell you strategies … but what is actually harder is understanding why you do what you do with your money and that’s getting to know yourself money wise.”

Press PLAY below to hear more of her tips and advice