Saturday, June 28, 2008

Majority don't live comfortably in NZ

A national survey commissioned by UMR Research shows that 55 percent of New Zealanders feel their household finances don't allow them to live comfortably.

In the United States, a similar survey found that 60 percent of Americans feel the same way.

The survey asked people to say whether their household finances left them (1) able to live comfortably, (2) able to meet basic expenses with a little left over for extras, (3) able to just meet basic expenses, or (4) unable to meet basic expenses.

About 45 percent of New Zealanders said they lived comfortably, 36 percent said they met basic expenses with a little left over for extras, 16 percent said they just met basic expenses, and 3 percent said their finances didn't leave them with enough to meet basic expenses.

The survey results were announced this week.


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