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‘Financial stress’ is costing us $31 billion every year. This is how to fight it – The New Daily

New research shows almost two million Australians are suffering from moderate or severe levels of financial stress – and it’s not all because of COVID-19.

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New research shows almost two million Australians are suffering from moderate or severe levels of financial stress.
Financial advisers told The New Daily a lack of financial literacy has led people to make costly mistakes compounded by easy access to cheap credit.
Self-proclaimed experts on social media have also muddied the waters with contradictory and often misleading advice.
And a popular culture that rewards instant gratification and conspicuous displays of wealth has only added to the hip…

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