Young Australians Should Be Educated About Good Financial Habits

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As a total group, the survey shows that 47.2% of young people surveyed always or almost always pay off their entire credit card balance, whereas 13.7% pay it off most months, 8.3% pay about half the time, 11.4% not very often and 19.5% hardly or never pay off their credit card bill...
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Many young people surveyed also stated that they have previously needed to seek financial assistance from friends or family and for some from welfare or community organisations. How does this affect the lives of these young Australians? The HILDA Survey highlights the many hardships young Australians face due to financial burdens...
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