A 27-year-old Australian man has gone viral for his surprising take on money and savings. In a street interview originally posted by Coposit Street, the man revealed that he had no savings. His reason? He believes money is simply “an idea.”
The original video was shared on TikTok by Coposit earlier this year and gained solid traction. But it exploded in popularity after being reposted on X (formerly Twitter) by a finance commentary account. The clip has since clocked over 2 million views, sparking intense debate about financial literacy, savings, and generational attitudes toward money.
The story was picked up by news.com.au, one of Australia’s leading news platforms, and has since become part of a wider discussion around how younger Australians are coping with the cost of living.
In the interview, the 27-year-old explained that he sees himself more as “a member of nature and the universe” than part of modern financial society. He believes the natural order of the planets and sun will take care of him.
“Most people stress about value at a specific point in their life,” he said. “But I think money is an idea that allows people to do what they want with their time.”
The clip drew mixed reactions. Some praised his spiritual and philosophical mindset. Others warned that ignoring financial planning could have serious consequences — especially in today’s high-cost environment.
One viewer joked, “Even squirrels stock up on acorns for winter.” Another wrote, “He’s one medical bill away from homelessness.”
According to Finder’s Consumer Sentiment Tracker, the average Aussie has $42,968 in savings. However, nearly two in five Australians (38%) have less than $1,000 set aside.
Gen Z has the lowest average savings, sitting at $24,902. In comparison, Baby Boomers average $56,285, thanks in part to earlier property access and less housing pressure during their key earning years.
Finder’s personal finance expert, Richard Whitten, suggests Aussies aim to save at least three months’ worth of living expenses — though he acknowledges that’s not realistic for everyone.
This viral moment is part of Coposit’s wider mission: to make property ownership more accessible and transparent. Through real street interviews, Coposit gives everyday Australians a platform to share their financial stories.
These unscripted conversations offer a snapshot of what people are really thinking and feeling about money, savings, and the property market.
At Coposit, we believe that buying your first home or an off the plan property shouldn’t require a full deposit upfront.
That’s why Coposit allows eligible buyers to secure a new property with just $10,000, and then pay the rest in weekly instalments during the construction period. There’s no interest, no hidden fees, and no need for a bank loan until the property is complete.
Whether you’re a renter trying to break into the market or saving for your first home, Coposit provides a smarter and more flexible pathway to ownership.
Visit www.coposit.com.au to learn more or browse available projects.
This story, as featured on news.com.au, shows how Coposit content is creating real impact and driving national conversations about property, wealth, and the future of housing in Australia.
To explore more interviews and join the conversation, visit our Resources Hub or follow @coposit_street on social media.
Buying off the plan or saving for your first home? Learn how Coposit can help you lock in your future from just $10K upfront.
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