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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Savings Accounts from multiple financial institutions. We will try to show you a range of products in response to your request for information. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Savings Account, you will deal directly with a financial institution, and not with RateCity.

Spending Habits

The spending habits of Australians can be defined as the amount that individuals and households spend on goods and services such as food, alcohol, clothing and health care and the frequency at which they do so. The spending habits vary between individuals and are influenced by a number of factors such as employment, salary, age, sex and location.

There are four main types of spending habits:
  • Everyday spender
  • Impulsive spender
  • Big spender
  • Habitual spender
Depending on which type of spender a person is will depend on how much money they will be able to save in their savings accounts.

To assist you in saving more money, have you considered opening up an online savings account? The table below lists some everyday online savings accounts available.
See all Savings Account Articles
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About Savings Accounts Articles

RateCity provides savings account news and features, including a range of weekly stories and economic updates. By checking our savings account news and features daily, you can ensure that you receive up to date, expert commentary on current financial and economic issues. Before you search, compare or apply for the best savings account for you, help yourself understand the market by reading mortgage news and features at RateCity.