We're still spending despite the economic fall out - NAB smart everyday banking survey
Have your lifetyle habits changed? Do you make compromises on living fabulously?
Topline findings from The NAB smart everyday banking survey conducted by Galaxy Research:
- Interestingly males and females rate their skills at saving money and spending money as about the same with 68% of males and 70% of females rating their ability to save as good while 35% of males and 36% of females rate their ability to spend money as ‘good’
- New South Welshmen are spending more than any other state on dinner, lunch and taxis
- Those in NSW spend on average $10 more on going out to dinner ($97.00) than people in other states ($86.00). 36% of NSW residents have spent over $70 in the last month on dining out compared to the national average of 31%.
- They are also least likely to bring a packed lunch into work with people from NSW buying takeaway or lunch 5.2 times per month compared to the Australian average of 4.8 times per month.
- 34% of Australians go grocery shopping six or more times a month (38% Male and 40% Female)
- More NSW residents are likely to have spent $70 on a taxi in the last month at 13% than the national average of 8%.
- When it comes to spending, nationally 52% of Australians do not limit their number of ATM transactions per week AND 33% of Australians exceed their overdraft limit
- 71% of New South Welshman rate their skill at saving money as good however New South Wales is the least likely state (30%) to want to improve their money management skills with only one in three wanting to improve
- Interestingly, males (31%) are inclined to charge five or more purchases a week to credit cards compared to females (19%).
- Females (26%) prefer to use EFTPOS five or more times a week on purchases compared to males (23%)
- On a national scale, all Australians believe they can tell a lot about a person from simply looking over their transaction record.
- The most common things people ascertain are someone's skill at managing money (71%), their attitudes to money (70%), whether they have an active social life (56%), whether they have children (56%), their hobbies (49%), gender (47%), personality type (41%), generation (37%), how important image is to them (32%) and whether or not the person is single (28%).
- Interestingly, Australian males are much more likely at 32% to think they can pick whether a person is single or not just by looking at their bank balance compared to females at just 24%.
