Beyond our house and car, the item that costs me the most every gear recurringly is Insurance. With House insurance, contents insurance, medical insurance, and car insurance, together with items that I have to ensure when they go through the post, I am looking at at least $12,000 a year in premiums.

Premiums go up in all areas year on year and well beyond the cost of living index.

I would not even like to contemplate how much we have paid in insurance over the last 40 years and more.

Without a doubt, Insurance is the most costly item for our household.