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Hand-to-mouth for many
Australians are vastly less financially secure than many observers might believe, according to a survey conducted by a new finance industry portal.
The survey, conducted by , found that almost half of all Australians were living hand-to-mouth, with 40 per cent of the 2,495 people polled revealing their sudden death or incapacitation would almost certainly leave their family on the brink of financial disaster.
ARTOG general manager said the results were cause for serious concern, with out of control mortgage repayments, petrol prices and general living costs already putting many families close to living on the breadline.
“A sudden, permanent change in family income would be devastating for many Australians, both financially and otherwise,” he said.
AUTHOR
Mike Taylor
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