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Australian families are finding practical ways of coping with the financial downturn.


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Surviving the recession . . . intact

August 14, 2009

Australian families are finding practical ways of coping with the financial downturn. As many as 63% have restricted revolving credit usage, especially credit cards, and 50% are eating in more and cooking at home. Even more are delaying retirement by as much as five years.

Even with these measures in place, debt burdens are placing a heavier weight on Australian marriages. As many as 24% are reporting added stress or strain on their relationships due to these rocky economic days.

The problem doesn’t seem as severe overseas, with 12% of couples in Germany reporting problems, and 18% each in Spain and the United Kingdom.

Source: Yahoo Finance

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Below are 3 of our most popular and recommended credit card offers:

 

Purchase Rate (p.a.)

Cash Rate (p.a.)

Balance Transfer

Interest Free Days

Annual Fee

 
Citibank Clear Platinum Credit Card
Citibank Clear Platinum
11.99% 21.74% 2.9% for 12 months up to 55 days $49 Apply Now
More Info
ANZ Platinum Credit Card
ANZ Platinum Credit Card
0% for 6 months 21.49% 0% for 6 months up to 44 days $0 first year Apply Now
More Info
Westpac Low Rate Credit Card
Westpac Low Rate Credit Card
0% for 6 months 21.49% 0% for 6 months up to 55 days $45 Apply Now
More Info

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