56% of Australians faced financial stress in Dec 2023, primarily due to rising costs.

56% of Australians faced financial stress in Dec 2023 due to rising costs: utilities, mortgages, rents, groceries, petrol. Emergency savings are for times like these, yet many feel guilt or failure when using them. Money-related stress affects most Australians at least weekly. Emergency funds should be viewed as intended: for necessary expenses, alleviating stress rather than as a sign of personal failure.

March 30, 2024
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