Australians worried about personal finances

A new survey from Dun & Bradstreet has shown more than half of Australians surveyed are worried about their current financial situation.

The survey found 69% of those earning less than $50,000 and 62% of consumers aged 50 to 64 are worried about their financial health.

“Our latest research clearly demonstrates that consumers are worried about their financial position,” D&B director Adam Siddique said in a statement.

“This is partly symptomatic of lingering pessimism from the global financial crisis however, for certain demographics it reflects the reality that households are living hand-to-mouth; with very little savings buffer should unforeseen circumstances occur,” he said.

This article first appeared on SmartCompany.

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