How much is average Aussie saving each month?

Forty six per cent of households are saving cash each month, slightly down from last year according to ME Bank’s 2014 Household Financial Comfort Report.

Of those Australian households that are saving money, the average level of savings each month is $735, down from $853 six months ago.

42 per cent of Australian households are breaking even each month while 12 per cent are overspending and drawing down on their savings, loans or home equity.

Source: ME Bank