In an article in The Advisor it states that a vast majority of Australians wish they were more financially savvy, according to new data.

Research conducted by CreditCardFinder.com.au found 84 per cent of Australians acknowledge wanting to be more aware about their finances.

According to a survey of more than 1,000 Australians, 82.8 per cent believe that making a budget and sticking to it is the only way to achieve financial success.

Only 5.8 per cent believe that a personal finance comparison website can help their financial situation.

CreditCardFinder.com.au publisher Jeremy Cabral said it was important for Australians to compare their rates on a regular basis across all of their financial products to see if they could possibly get a better deal.

“Savvy spenders are those that regularly compare finance products on the market, seek a better deal, switch and save money in the process,” he said. “They research their options and continually do this to ensure they are getting the best bang for their buck.”

John can be contacted on 0749722081 or 0410433919. You can also email him at jwhitten@ihl.net.au or look him up on the net www.ihl.net.au. John Whitten is a credit representative (CRN 399796) of BLASSA Pty Ltd (Australian Credit Licence No 391237).