DOING IT TOUGH: The rising cost of living is having a devastating effect on one family in Sydney’s east.

The Stanforth family of Rose Bay have been forced to make a range of cutbacks to their lifestyle, including reducing their full-time private chef to a mere three days a week.

“We might have to cook a few times a week,” says the father. “I’ve heard about other people having to do that, but I never thought it would happen to us.”

“Realistically though, we’ll probably just go out for meals on the days our chef is not here.”

Mr Stanforth say he was originally planning on keeping the cutbacks a private matter for fear of judgement among other local families.

“But we thought we’d share our story as a cautionary tale. There are lots of people doing it tough at the moment.”

At this stage the family say they have no plans to make cuts to any of their staff.

“But I told my son, our plan to buy the Arsenal football team might have to go on hold for a year or two.”