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The financially well-off defy the stereotypes. They include retirees, and mortgagees

Written by David C. Ribar, Professorial Research Fellow, University of Melbourne

Financial well-being isn't always where you expect to find it, in part it depends on attitude.Shutterstock

Financial well-being is hard to get a handle on.

That’s because it’s a mix of how people feel and how they objectively are.

And it’s multifaceted, including things such as spending, saving, investing, borrowing, and insuring,...

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