Aussie savers might be more concerned about their money than their credit ratings, according to a new survey.

The latest Financial Review/PunditFact survey of 1,000 Australians has found Australians who say they’re struggling to make ends meet have more financial worries than those who are not.

“The financial stress is getting worse,” says Michael Tuffnell, senior financial analyst at the National Australia Bank.

“It’s a big problem, it’s a very real problem and it’s one that we’re working on.”

The Financial Review’s survey found the average saver in Australia had a debt load of $1.6 million and an annual income of $61,000.

Mr Tuffell says while the average Australian saver might not have enough money to buy the things they need, they are struggling to cope financially.

“There are a lot of people who are looking at this as a life raft,” he says.

“But we need to understand that there’s a lot more going on.”

A lot of things going onThe survey found many Australians feel they have to pay back the loan or credit card they took out.

“More than half say they are spending more than they are taking out,” Mr Tuffoll says.

Mr Chua says the real issue for the average person is that the financial situation is getting more difficult.

“They’re not able to afford the things that they need to get a better quality of life,” he explains.

“People are working longer hours, they’re not saving enough for their own retirement and they’re finding it increasingly difficult to get to where they want to be.”

The survey also found the percentage of Australians who are taking a job has dropped.

“Most people are not doing anything,” Mr Chua explains.

“They’re getting paid for their work, but they’re just not spending enough time with their families.”

There are still some Australians who have enough in their bank accounts to make payments.

“We know that there are some people who do have a little bit of extra money in there, but it’s not enough to get by,” Mr Shor says.