Aussies are hiding spend habits from their partners
More and more Australians are hiding some of their purchases from their significant others. As money disagreements are common among 70% of Australian couples, research shows they are keeping their finances separate more than ever before.
Keep it to yourself! The science of consumer secrecy
report·
25 Jan 2019
You may regularly devour Big Macs after working out or gladly plod around in Crocs at home, but would you tell others about your fondness for those products? Canvas8 spoke to Veronica Thomas, a marketing professor at Towson University, to learn how secrecy affects people’s relationships with brands.
Money Diaries: exposing the ways that Gen Y women spend
case study·
20 Sep 2018
The Money Diaries column on Refinery29 has drawn a cult-like following, putting young women’s finances under the microscope, letting readers peer beyond the constructed personas often presented online. What does the series reveal about Americans’ attitudes toward money and spending?
Aussies aren’t especially good at money management – the average person pays about $700 in credit card interest each year, while the nation loses more money gambling than anywhere else in the world. Research has now found that a third are keeping their spending a secret from their partner.
American Gen Yers have never been in so much debt – those aged 30-39 owe a combined total of $408.4 billion in student loans alone – and as they start to have families, their money worries are only growing. How can apps like Wela helping these young households tackle their financial crises?