Engaged Australians are optimistic

By Taylah Burrows 03 February 2017

The majority of engaged Australians anticipate being financially better off by this time next year, according to studies conducted by Ray Morgan research.

Whether it comes down to merged assets, tax breaks, doubled household income, halved rent or mortgage; the research shows that from the estimated 460 000 affianced Australians, 56 per cent expect to be financially better off a year from now—well above the national average of 39 per cent.

Another 30 per cent of affianced Australians expect their financial situation to be the same this time next year, while 10 per cent anticipate they will be worse off—both well below the national average.

Consistent with the general tendency for men to be more economically confident, 60 per cent of engaged men expect their finances are set to improve, compared with 52 per cent of women.

Brides are more likely than grooms to expect that there will be no change to their financial position (32 per cent compared to 27 per cent)—or to believe they’ll be worse off after saying ‘I do’ (12 per cent compared to 9 per cent).

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