How Australian save money

how-australians-save-money-infographic-part1

Savers

  • 16% – Saving easily
  • 41% – Saving a little

Non-savers *

  • 43% ‘A goal without a plan is just a wish’

Of those who are saving …**

  • 48% – for a home
  • 36% – to buy a home
  • 14% –  to renovate a home
  • 47% – for a holiday
  • 18% –  for a holiday within Australia
  • 39% –  for a holiday overseas
  • 47% – for the future
  • 33% – for an emergency fund
  • 13% – for a car
  • 10% – for education
  • 8% – for furniture/appliances
  • 5% – for a wedding
  • 4% – for new computer/technology
  • 8% – for something else

Sources:

* MoneySmart brand tracking program, Sweeney Research January 2014 (n=1,380)
Note: It is possible some classified as ‘non-savers’ may be making extra payments on their mortgage, other loans or into their superannuation.

** MoneySmart online ‘Money Goals’ poll July 2014. (n=1,566)

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