Lack Of Back-Up Cash Is A Scary Proposition

Adelaide Now

ABOUT 3.7 million Australians have no savings. They live week-to-week with no funds to fall back on should an emergency or unexpected expense arise. This is a scary proposition, considering rising fuel and food prices and global economic instability.

If you don't have a savings plan, don't despair. Today is the perfect day to start saving.

No savings is one of the quickest ways into debt

One of the greatest causes of credit overuse and unmanageable debt is a lack of savings. People who regularly spend as much as they earn either because of low income or over-spending habits are especially vulnerable to debt and credit reliance.
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