A recent report has shown that almost half of Aussies barely have enough funds to last a month in the event of a job loss. With Australians feeling increasingly unable to save, brands are harnessing the latest technology to help boost people’s financial literacy.

Ernst & Young Australia has introduced new part-time and flexible work policies that will allow employees to take between six to twelve weeks of self-funded leave per year. As flexi-work comes to be seen as the new standard, employers must evolve in order to retain their employees.

Frustrated by their rising personal debt, ‘spending fasters’ are looking to regain control of their finances by cutting all non-essential purchases for up to a year. How do the women who take this challenge cope without life’s little luxuries? And is this method of saving effective in the long-run?

Why can’t Gen Y budget? And how is comparison culture fuelling bad credit? Canvas8 spoke with Melissa Browne, author of Unf*ck Your Finances, to discuss Australian Gen X and Y’s spending trends, their unhealthy relationship with money and how they can take control of their finances.