With international travel plans axed, employees working less hours and some savings accounts looking thinner, Aussies are starting to tighten their wallets.
This is according to MyState Bank, who found that a large 44% chunk of Australians are wanting to cut back on spending on discretionary items for the rest of this year.
The survey showed that there were a myriad of things people are wanting to spend less on over the next six months. Amongst them were gym memberships (44%), public transport (43%), home furnishings and decor (38%), takeaway food (38%) and clothing/footwear (36%).
For many Australians, the introduction of social distancing measures has been an opportunity to save more than ever before on expenses from public tra…
Read the full article at: https://mozo.com.au/savings-accounts/articles/mystate-bank-44-of-aussies-to-reign-in-spending-for-the-rest-of-2020
