19yo asks question everyone wants answered

A 19-year-old Aussie has gone viral for asking a blunt question that everyone wants the answer to but don’t feel they can actually ask.

“All I want to know is what the average is because I want to know if I am on track. And obviously no one is going to go around saying ‘I’ve got this much’ but I just want an indication. Does anyone know where we should be?” People were quick to share exactly how much money was in their bank accounts, with figures ranging from $100,000 to $8.

Another person said they were 23 and were living pay cheque to pay cheque, but admitted they “do buy a lot of things I don’t have to”. Aili said she was “shocked” by the amount of responses she received, saying the feedback was incredibly valuable. For those finding that they are running out of money each pay cycle, Ms Megginson suggested taking a closer look at where their money is going.

Interest Rate Z Aussies Pay Cheque Savings Question Young Interest Rate Earnings Savings Accounts Young People Bank Accounts Money Question Awkward Money Question Life Stages Rate Hikesaustralians Ally Foster Accounts Miss Aili Savings Account Holders Interest Rate Changes Standard Living Costs Credit Card Debt Interest Rates Drinks Costing Competitive Interest Rate Consumer Watchdog University Student Consumer Sentiment Sarah Megginson Melbourne University

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