St George Updates App

  • Budget planner part of app
  • Stats show men more confident about budgeting
  • Less than half of Aussies budget

St.George Bank has revamped its mobile App to include a budget planner, which it hopes will simplify the budgeting process for people.

The banks says its research has found that more than a quarter (27.6 percent) of Australian’s do not have a household budget because they thought it would be ‘too hard’ or ‘take too long’.

Other statistics collected by the bank include:

  • Less than half (49.0 percent) of Australians have a budget.
  • Women felt less confident managing their finances than men – 20.5% of females stated that they felt poorly equipped or not equipped at all to manage their budget and finances, compared with 13.8% of men –.
  • Usage of the St.George mobile app has almost doubled over the past year (March 2011 – March 2012).

Other features of the app include:

  • New design which is easy to navigate
  • The ability to open savings and transaction accounts instantly via the App alone
  • Helps customers find products that best suit their needs
  • Access to the latest bank information via an integrated Twitter feed
  • ATM and branch locator
  • Overseas payments

 

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