A is for ask for help.
While most people say they have a financial fear, 83% of those who aren’t confident either procrastinate (58%) or simply try not to think about it (25%).
If you're stressed about money, chances are you'd rather go for a run or talk to your partner than ask an expert for help. Our Australia's Money Confidence 2013 research shows 93% of Australians currently feel some level of financial stress, and in response:
- 37% talk to their partner
- 33% exercise
- 15% do nothing
Only 11% talk with an expert to alleviate financial stress, yet doing so can help you become more confident, less stressed and more likely to be financially successful.
Happily, with the right information, finding an expert to ask is not so hard.