Originally published: Mozo.com.au, 15 May 2019
Mozo has found Australians are spending a staggering $25.5 billion to stave off boredom and make themselves feel better when stressed, anxious or just having a bad day at work.
The nationally representative survey as part of Mozo’s Comfort Spending Report found 81% of Australians comfort spend or buy things to make themselves feel better. Worryingly Mozo also found 53% of people reported their comfort spending was putting their budget under pressure.
This data was the result of a nationally representative survey of 1,001 Australians aged 24 years and above conducted by Pureprofile between 10th and 15th March 2019. Where totals are above 100% respondents selected multiple options.
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