Q. Which of the following statements best describes your financial situation?
|
Total |
|
Work full time |
Work part time |
Income less than $600 pw |
Income $600-$1,000pw |
Income $1,000-$1,600 pw |
Income $1,600+ pw |
|
| I don’t have enough money for basic essentials like housing food and electricity |
7% |
5% |
6% |
27% |
7% |
3% |
2% |
|
| I have enough money for basic essentials but I cannot save any money |
35% |
30% |
35% |
52% |
44% |
37% |
25% |
|
| I have enough money for basic essentials and I can save a little money |
47% |
52% |
49% |
20% |
41% |
51% |
56% |
|
| I have enough money for basic essentials and I can save a lot of money |
8% |
10% |
6% |
1% |
4% |
6% |
15% |
|
| Don’t know |
4% |
3% |
4% |
– |
3% |
3% |
2% |
47% say they have enough money for basic essentials and can save a little money and 35% say they have enough money for basic essentials but cannot save any money. Only 8% say they can save a lot of money.
Only 21% of those earning less than $600 pw say they can save any money – compared to 71% of those earning over $1,600 pw.