What makes a good saver?

Set your goals, make a budget and a plan. These are the key directions for anyone who wants to make a change in their life, including their finances.

One third of people aged in the Generation Y bracket (about age 20 – 35) said they set financial goals, only 15 per cent of Generation X ( 35 – 50) do the same, according to a survey of 1000 Australians by the Eqeus Galaxy Personal Finance Study.

The younger generation seem to be much better at setting money goals, but 80 per cent of survey participants are concerned their finances are already out of control.

Source: Herald Sun