Debt – Optimism

Three our of four Australian households expect their finances to improve or remain stable in 2012.

The improvement comes after households cut spending and boosted saving during 2011.

The urge to get rid of debt means that by the end of 2011fully 17% of Australians had discarded their credit cards.

ING Direct stated that the bank found that 65% of households across all income levels improved or maintained their financial position in 2011.

If your household isn’t doing so well and you have a debt problems then consult the experts at www.debtescape.com.au or call 1300-661-671 Credit Counsellors Australasia.