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Survey finds 60 per cent of Australians worry about debt

According to the annual WeMoney Financial Wellness Survey, 60 per cent of Australians worry about debt, and 30 per cent live paycheck to paycheck.   

The survey also found many Australians are anxious about their financial future. 

WeMoney CEO Dan Jovevski says the survey involved 1,046 people across various ranges of “income types” and “homeownership types”. 

“The survey found that over 60 per cent of people that had debt worry about debt very frequently,” Mr Jovevski told Sky News Australia. 

“So, it’s pretty alarming that it is taking a toll on people’s emotional states when it comes to managing things like credit cards.” 

He said what he found “quite surprising” is about 25 per cent of those who earned between $150,000 - $200,000 were still living paycheck to paycheck.

According to the annual WeMoney Financial Wellness Survey, 60 per cent of Australians worry about debt, and 30 per cent live paycheck to paycheck.

The survey also found many Australians are anxious about their financial future.

WeMoney CEO Dan Jovevski says the survey involved 1,046 people across various ranges of “income types” and “homeownership types”.

“The survey found that over 60 per cent of people that had debt worry about debt very frequently,” Mr Jovevski told Sky News Australia.

“So, it’s pretty alarming that it is taking a toll on people’s emotional states when it comes to managing things like credit cards.”

He said what he found “quite surprising” is about 25 per cent of those who earned between $150,000 – $200,000 were still living paycheck to paycheck. According to the annual WeMoney Financial Wellness Survey, 60 per cent of Australians worry about debt, and 30 per cent live paycheck to paycheck.

The survey also found many Australians are anxious about their financial future.

WeMoney CEO Dan Jovevski says the survey involved 1,046 people across various ranges of “income types” and “homeownership types”.

“The survey found that over 60 per cent of people that had debt worry about debt very frequently,” Mr Jovevski told Sky News Australia.

“So, it’s pretty alarming that it is taking a toll on people’s emotional states when it comes to managing things like credit cards.”

He said what he found “quite surprising” is about 25 per cent of those who earned between $150,000 – $200,000 were still living paycheck to paycheck.

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