Why don’t we ask for help?
So a recent Galaxy poll turned up a finance problem in Australian households!
In a survey conducted for Fox Symes, 52 per cent of Australians said they were not confident with managing their money. 44 per cent of women and 41 per cent of men admitted to not always being able to stick to a budget. Baby Boomers fared a bit better at managing their money and sticking to a budget than other generations. 42 per cent of them admitted to having trouble whereas the figure was 53 per cent for Gen X and 64 per cent for Gen Y.
Deborah Southon, the executive director of Fox Symes, hit the nail on the head, and probably stated the obvious, when she said that one of the primary reasons people fall into debt is because they spend more than they earn.
The survey clearly shows that many people can do with a bit of help when it comes to handling their finances.
There is a whole industry of professionals with specialised skills and service to help people find financial peace of mind.
When budgeting, securing a home loan, meeting mortgage repayments, insurances, superannuation, investments, planning for retirement and any other finance matters seem to get on top of you, why not turn to someone who can help you establish your goals and a plan to reach them? No matter what stage of life you’re at, it is never too late to start managing your money and spending what you can afford; and it starts with a plan.
LYN COX
Public Relations
- 0061 418 793 096
- lcox@remax.com.au