New survey reveals financial struggles for many Australians: 1 in 5 have less than $100 in savings, while 10.3% have no savings but are debt-free. 15.8% are in debt or seeing it grow, and 26.5% say their savings are declining or they’re saving less than usual. Only 4.2% saved more in the past year, with 16.6% managing to save consistently. #FinancialWellness #SavingsStruggles #ausecon #auseconomy #auspol

https://www.9news.com.au/national/nearly-one-in-five-australians-less-than-100-dollars-in-savings-research-reveals/36228757-5d7d-481c-b05e-5b533040b357

One in five Australians have less than $100 in their savings account, new survey finds

<p>High grocery prices, rising insurance premiums, and increased power prices are all but emptying savings accounts.</p>

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