Research by Finder measuring cost-of-living impacts found at least 77 per cent ofIt was found that adults aged 18 to 26-years-old were the biggest demographic to pull back on spending due to economic stress, compared to any other age group in the country.Adult woman female hand pulling out Australian money from a leather wallet.
More broadly, about 59 per cent of Australians have been revealed to be experiencing financial stress, that's equivalent to 11.9 million people. It's significantly worse for women, with 69 per cent admitting they have been feeling the pinch, compared to just 49 per cent of men."Millions have found themselves in financial difficulty with many people struggling to pay their bills," she said.
"Financial strain can take a devastating toll on your mental health and can impact all areas of your life from your health and relationships to lifestyle."
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