1 in 3 Australians are only two pay packets away from financial distress (Digital Finance Analytics) and 25% say that they stress about their finances more than 2 hours every week (Map My Plan Employee Survey). You are absolutely not alone if you feel like money is just a constant stress.
New research commissioned by the BPAY group has revealed some scary insights into Australians’ bill payment habits. The survey divided people on into five personality types, some partly related to age:
Imagine you have a Bill Butler, someone to take multiple worries off your plate: Bill and Debt Payments are managed, but remain under your control.
Cash flow is smoothed because the Butler looks at your outgoings and manages a reserve of cash so “spikes” won’t see you resorting to credit cards or expensive personal loans.