Financial stress

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Australia is one of the wealthiest countries in the world, we also have some of the highest household debt in the world.

Financial stress is now very common and affect many people as the cost of owning a house or renting continues to increase. Combine this with the cost of services, food, electricity, transport, petrol, health, and education – it is no wonder the amount of people under financial stress is increasing.

Increasingly people are also relying on their credit cards to maintain their lifestyle. With credit so readily available it is hardly surprising that so many are feeling the strain.

Financial security is a major contributor to our personal happiness and wellbeing. Financial stress is not confined to low-income households and is felt by individuals and families across all income brackets.


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Shane Gourley

Director / Financial Planner
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Newbrocom Pty Ltd (ABN 39 152 026 330) trading as Momentum Financial Planning is an authorised representative of Charter Financial Planning Limited, Australian Financial Services Licensee Licence number 234665.



Momentum Financial Planning is one of a select number of businesses that has been awarded Certified Quality Advice Practice status by Charter Financial Planning. This programme sets an industry benchmark for providing high-quality financial advice. The certification is awarded based on industry qualifications, demonstrated best practise business operations and proven success in meeting the financial planning needs of clients.

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