Home owners want to take more control of their money

Recent research has found one in two Australians do not regularly sit down to look at their finances, while a third say money was a source of conflict in their relationships.

The research by NAB found 32% do not keep track of their incomings and outgoings (among men aged 18-29 the figure is 44%), while 53% of men aged 18-29 said money was a source of stress in their relationships. For?Australians with children under 18, 43% say money is source of relationship stress.

These insights reveal a need for many to find a new way to reduce the stress of managing finances.

The research clearly shows Australians want to take more control of their money, but they often don’t know where to start.? Home owners should regularly check their incomings and outgoings and have open and honest conversations with your partner about your money goals.?These little changes can make a big difference to your finances in the long run.