Originally published: Savings.com.au , 18 March 2022
From stocks, to ETFs to cryptocurrency, Australians are continuing to search for alternatives to better their savings balances as rates idle between 1 to 2% and inflation chatter grows louder.
A survey of 1,000 Australians conducted by Block Earner and Pureprofile revealed more than one in five don’t know how they will make ends meet with rising inflation continuing to lift the price of groceries, household goods and fuel.
Block Earner CEO and co-founder Charlie Karaboga said Australians stashing cash in traditional savings options are seeing the value of their hard-earned money fall in comparison to the rising cost of goods and services.
