Seven secret financial habits of wealthy Australians you can copy
Ever wondered how the wealthy manage their money and what they do differently from the average Australian? New research* from Colonial First State (CFS) has uncovered seven secret financial habits that will help you build wealth.
How do well off Australians create and maintain their wealth? From CFS’ research* over the past two years, there have been seven financial habits identified that set the well heeled apart from the crowd.
These habits are the financial equivalent of good dental hygiene. But while most kids are taught about oral health, many Australians are left in the dark when it comes to managing their money.
The value of the assets, investments and savings of the relatively wealthy averages around $3.746 million, the data shows – over five times as much as that of the average Australian, at $651,000.
Here’s what you can learn from them.
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