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Moneysmart @MoneySmartTeam

This account is currently inactive. Please visit our website for free tools, tips and guidance. Start here moneysmart.gov.au

Joined November 2010
  • Tweets 11,233
  • Following 408
  • Followers 57,006
2,017 Photos and videos
Get out of debt using the snowball method: ➡️ List your debts ➡️ Pay the minimum ➡️ Pay off the smallest debt first ➡️ Celebrate and repeat
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Lenders use your credit score (or credit rating) to decide whether to give you credit or lend you money. You can check your credit score and credit report for free. Click the image below to learn more ⬇️ moneysmart.gov.au/managing-d…

Credit scores and credit reports - Moneysmart.gov.au

Get your credit score for free. Knowing your credit rating can help you negotiate deals or understand why you were rejected for a loan.

moneysmart.gov.au
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Use the budget planner to help know where your money is going and make a plan: moneysmart.gov.au/budgeting/…
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💡 Be mindful of your social media posts, especially if your profile is public. Scammers can easily find out where you live, work, and visit through your posts. #Scam
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Summer is almost here and it's a good time to think about protecting your home and belongings in the event of a natural disaster. moneysmart.gov.au/dealing-wi…

Preparing for a natural disaster - Moneysmart.gov.au

Find out what you can do to protect your home and belongings before a natural disaster hits

moneysmart.gov.au
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If you're feeling overwhelmed with financial decisions, a financial counsellor can help you put a plan in place. Call the @natdebthelpline on 1800 007 007. The helpline is open Monday to Friday, 9:30am to 4:30pm.
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It's always a good idea to negotiate with service providers and shop around for better deals on utilities, internet and insurance. Even small reductions can add up over time!
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From mid-November myGovID is changing to myID, but how you use it will be the same. You don’t need to do anything to prepare for the change. If you’re asked to re-confirm your details or set up a new myID, don’t. It’s a scam. @ato_gov_au
ato.gov.au
@ato_gov_au
4 Nov 2024
Scammers are currently targeting Aussies in relation to the upcoming myID changes 🚨
A screenshot example of an email scam related to the upcoming change of myGovID to myID, with 'SCAM' written in a red circle in the top-right hand corner.

ALT A screenshot example of an email scam related to the upcoming change of myGovID to myID, with 'SCAM' written in a red circle in the top-right hand corner.
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The difference between general and personal advice moneysmart.gov.au/financial-…

General and personal financial advice - Moneysmart.gov.au

Find out the difference between general and personal financial advice to see which one might be appropriate for you.

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Have you started your Christmas shopping or are you waiting for the sales?
35% Started my shopping
60% Waiting for the sales
5% Already finished shopping
20 votes • Final results
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It's important to compare policies from different insurers and to shop around for the best value for money. Search Moneysmart.gov.au for tips on choosing car and home insurance moneysmart.gov.au/

Home - Moneysmart.gov.au

Free calculators and tips to help you take control of your money and build a better life.

moneysmart.gov.au
ASIC Media
@asicmedia
22 Oct 2024
We allege QBE Insurance (Australia) Limited misled customers about the value of discounts offered on certain general insurance products asic.gov.au/about-asic/news-…
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Moneysmart retweeted
National Anti-Scam Centre
@nascgovau
20 Oct 2024
We’re warning consumers that scammers are targeting people experiencing financial hardship offering fake financial assistance. These scams impersonate Government agencies and programs as well as charities which provide support to people in need. bit.ly/3YzsNAc
Image contains text announcing scam alert on financial hardship scams.

ALT Image contains text announcing scam alert on financial hardship scams.

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Moneysmart retweeted
ASIC Media
@asicmedia
22 Oct 2024
ASIC is urging small businesses to be on high alert as false billing, investment and remote access scams cause significant financial losses asic.gov.au/about-asic/news-…

ASIC warns small businesses to be on high alert for scams

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Online outages are affecting some Australian banks, and scammers may be taking advantage to impersonate your bank and offer 'help'. Visit Moneysmart for more tips to stay protected moneysmart.gov.au/financial-…
Watch out for scammers impersonating banks 1. Never click on links in emails or texts claiming to be from your bank 2. Don’t provide sensitive information like your password, security code or PIN over the phone 3. If you’re concerned, contact your bank using their official number on your card or bank statement

ALT Watch out for scammers impersonating banks 1. Never click on links in emails or texts claiming to be from your bank 2. Don’t provide sensitive information like your password, security code or PIN over the phone 3. If you’re concerned, contact your bank using their official number on your card or bank statement
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How interest-free deals work moneysmart.gov.au/other-ways…

Interest-free deals - Moneysmart.gov.au

Interest-free deals can be great if you pay them off in the interest-free period. But if you don't, you'll be charged a lot in interest and fees.

moneysmart.gov.au
ASIC Media
@asicmedia
18 Oct 2024
The Federal Court today ruled Latitude Finance Australia and Harvey Norman Holdings Ltd engaged in misleading conduct and made false or misleading representations in relation to a widespread advertising campaign brnw.ch/21wNSm6
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RT @nascgovau: We’re warning consumers to watch out for scammers impersonating their bank to manipulate them into sharing their personal or…
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If something seems off, act quickly. Contact your stockbroker, share registry, or bank and change your passwords. Contact IDCARE for free help if your identity is stolen.
Keep your shares safe: - Check your share portfolio regularly to catch any unauthorised activity. - Use strong passphrases and turn on multi-factor authentication for extra security - Lock your letterbox and check it often to avoid mail theft - Keep your contact details up to date with your stockbroker or financial services provider - Investigate right away if you get unexpected mail like a new bank card or updates to your shares

ALT Keep your shares safe: - Check your share portfolio regularly to catch any unauthorised activity. - Use strong passphrases and turn on multi-factor authentication for extra security - Lock your letterbox and check it often to avoid mail theft - Keep your contact details up to date with your stockbroker or financial services provider - Investigate right away if you get unexpected mail like a new bank card or updates to your shares
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Moneysmart and @asicmedia urge all investors to be vigilant when it comes to their share registry, trading, and bank accounts. If you notice anything suspicious, act immediately to safeguard your investments 🛡️ asic.gov.au/about-asic/news-…

ASIC investor alert: Stolen shares due to identity theft

asic.gov.au
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ASIC is warning investors to be on high alert following a significant increase in reports of stolen shares since August 2024 from people who have had their personal identity compromised asic.gov.au/about-asic/news-…
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Start with the golden rules to help you find investments that help you reach your financial goals sooner moneysmart.gov.au/how-to-inv… #WorldInvestorWeek2024
• Before you invest, pay off your debts and set something aside for an emergency. • Prepare to invest by developing a plan and doing your own research. • Lower your risk through diversification and keeping track of your investments.

ALT • Before you invest, pay off your debts and set something aside for an emergency. • Prepare to invest by developing a plan and doing your own research. • Lower your risk through diversification and keeping track of your investments.

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