The ASB study also found more than a third of customers frequently had balances of less than their average weekly expenses.

“The fact that more than a third of people have less than a single week’s expenses available to them and almost half have less than $1,000 in rainy day savings rings alarm bells for me. This puts them in a potentially vulnerable position,” ASB chief executive Vittoria Shortt said.

think you can lose the word ‘potentially’ there lol