Money talks audio series

Money talks is a series of short audio segments for Indigenous people about making good money decisions.

Woman listening to money talks audio seriesListen to the programs online by clicking on the links below.

Note: Downloadable files on this site are under 5MB unless stated otherwise.

Buying a car

24 secs

Getting a good deal on car finance (audio)

Sam: Young male

Jessie: Slightly older male

Background: radio or music and cars revving

Sam: Hey nice car you got there! I wanna buy one. Did you save up or get a loan from the bank?

Jessie: I saved some and borrowed the rest. [short pause] I had to shop around a bit to get a good deal on the finance, though.

Sam: Oh, ok. What did you look for?

Jessie: Well, a low interest rate for starters.

For lots of great money tips check out the MoneySmart website or call 1300 300 630.

27 secs

A better way to borrow (audio)

Sam: Young male

Jessie: Slightly older male

Background: Cars travelling down a highway, outside noises eg birds.

Sam: Hey look, nineteen nine ninety ($19,990) drive away!

Jessie: (Sarcastic tone) Ohh yeah, so they say.

Sam: Whaddaya mean? I reckon they'd lend me the money to buy it!

Jessie: Yeah, maybe. But you know, signing up at the car yard can be a really expensive way of borrowing money for a car. You might get a better deal from your bank or credit union.

Sam: That's good advice, brutha. So how do I found out more?

For lots of great money tips check out the MoneySmart website or call 1300 300 630

Bank accounts, loans and credit cards

30 secs

Using credit wisely (audio)

Jenny: young female

Teresa: slightly older female

Background: TV in background possibly advertising credit cards.

Jenny: Hey, I'm thinkin' of getting one of those credit cards!

Teresa: You DO know that a credit card is NOT YOUR money, it's the bank's?! And the bank will humbug you to pay back the money and if you miss the payment date, you'll have to pay more money next time.

Jenny: So - no such thing as money for nothing, ayyy?!

Teresa: Yeah, it costs money to borrow money whether it's a credit card or a bank loan. It all adds up.

For lots of great money tips check out the MoneySmart website or call 1300 300 630

26 secs

Managing your debts (audio)

Stephen: young man

Rebecca: young woman

Background: outside in a park, birds

Stephen: I spent up big on my credit card. Now I'm feeling really stressed cause I can't pay it back and I dunno what to do?

Rebecca: Hmmm… Well, the debt won't go away, so you best do a budget and work out what you can afford to pay back. Look, there's no shame in getting into money trouble. Just make sure you be money smart and get help.

Stephen: So where do I go?

For lots of great money tips check out the MoneySmart website or call 1300 300 630

34 secs

Alternatives to book up (audio)

Gary: young man

Bruce: older man

Background: In a store at the cash register with background noises of shopping, talking etc

Gary: Hey Brutha what are you doing?

Bruce: I'm giving 'em my key card and PIN number, so I can book up stuff.

Gary: WHAT FOR?! Would you give you car keys to just anyone?!

Bruce: Mmm, nah.

Gary: You know you're s'posed to keep your PIN number secret, don't you?

Gary: Besides, once you hand over your card and PIN number you can't shop anywhere else. It's like you're stuck. And you're probably paying a lot more for stuff as well.

Bruce: Yeah, you're probably right - what should I do?

Gary: I tell ya, if ya take care of your card it'll help you take care of your money.

For lots of great money tips check out the MoneySmart website or call 1300 300 630

44 secs

Avoiding bank fees (audio)

Sam: Young male

Jenny: Young female

Background: Shopping centre, people talking

Sam: (Whistles) Wait up sis I just wanna check if my pay's gone into my account.

Jenny: (Laughing) CHECK!! Haven't you worn out the machine with all your checking! I've seen you check five times already.

Sam: I know, but I'm hanging out for my pay.

Jenny: (In sing song voice) Well, the more you check, the more fees you're gonna pay. The thing is, depending on your bank and what kind of account you have, you usually only get a few free transactions each month. AFTER THAT, you get charged a fee EACH time you swipe.

Sam: So I'm losing my pay - even before I get it?

Jenny: Yeah, AND it costs MORE if you use a machine that's not your bank's!  You should start getting money smart about bank fees.

For lots of great money tips check out the MoneySmart website or call 1300 300 630

Budgeting and saving

40 secs

Making an everyday budget (audio)

Auntie: older female

Alison: 25 yrs old

Background: At home, TV in background

Alison: Oh Auntie as soon as my money comes in, it all goes out again. I always feel behind and I'm always having to borrow off you to get by.

Auntie: Alison, you gotta make a budget, so you know what's coming in and what's going out. Maybe when you do that, you'll find that you can save money and stop humbugging me. A budget will show you how much money you're getting paid and how much you're spending on food, rent and bills. AND, that's just for starters!

Alison: (sounding interested/keen) Well …can you help me start a budget Auntie?

Auntie: Sure I can. And I know where we can get some great budgeting tips.

For lots of great money tips check out the MoneySmart website or call 1300 300 630

41 secs

Making savings (audio)

Auntie: older female

Alison: 25 yrs old

Background: At home, tv in background

Alison: Oh Auntie, it's too much. As soon as my money comes in, it all goes out again. I always feel behind.

Auntie: Well why don't you try to save a bit. Even if you saved $5 a week, that's $260 you'll have saved by the end of the year.

Alison: Ohhh yeah, I can do that.

Auntie: I know it might'nt sound like much, but if you leave it in the bank it'll grow as you save more. And keep your savings separate from your everyday money so you're not tempted to spend it. When you've saved enough, then you can buy something special.

Alison: That'd be great - I really wanna get some things for the kids.

Auntie: Well then, let's be money smart.

For lots of great money tips check out the MoneySmart website or call 1300 300 630

Getting the most from your super

37 secs

Learning about your super (audio)

Jerry: male

Dan: older male

Background: In shed working on car, music in background, car revving not just starting.

Jerry: Hey Dan, what do you know about super?

Dan: Super?? Sorry mate, the only fuel we run on here is Diesel.

Jerry: (Laughing) Nooooo, I meant superannuation. You know money you save over your working life so that you and your family have something to live on when you retire.

Dan: Ohh that! [a light laugh / humorous tone]. Well, [a short pause], I've been in and out of work like a yoyo, so I think I've got bits of super everywhere.

Jerry: Ohhh mate, find out about rolling it all together. It'll save you fees and help you keep track. So get smart about your super.

For lots of great money tips check out the MoneySmart website or call 1300 300 630

Insurance

35 secs

Why insurance matters (audio)

Jon: young male

Pete: young male

Background: driving in car, music blaring, car crashes. Scrrrrrrrreeeeeeeech Craaaaaaashhhhh!

Jon: (Shouting at the other driver) Where'd you learn to drive you crazy man! 

Awwww look at my car, its ruined!

Pete: Hey look, least we're ok. Lucky you're insured though Brutha and you can put a claim in to your insurance company.

Jon: (in a slightly miserable tone) Naaahh mate, I didn't renew it last time.

Pete: WHAT!! How you gonna pay to get your car fixed? Insurance is there to protect you when things like this happen!

Jon: (still sounding miserable) Well, I just didn't think it would happen to me.

Pete: Well mate, maybe from here on in you should get insurance smart.

For lots of great money tips check out the MoneySmart website or call 1300 300 630

46 secs

Getting the benefit of your insurance (audio)

Gavin: Young man (Scrrrrrrrreeeeeeeech Craaaaaaashhhhh) Where'd you learn to drive you crazy man… !!!!!!

Robbie: I just missed 'em but the stop sign looks like it's taken out my radiator. Awwww man, look at the car, it's ruined!

Gavin: Phewww, least we're ok. You're right about the car though. Are you insured?

Robbie: Yeah, I think so.

Gavin: Oh, cause if you've got comprehensive insurance, you'll be covered for damage to your car as well as damage to other people's property.

Robbie: (laughing) Do you reckon they'll cover the stop signs?!!

Gavin: (laughing) Either way, you need to look at your policy and find out.

Robbie: Whewww, I hope it's comprehensive cause look at the damage to my car. It looks like a write off!

Gavin: Mate, I reckon it's time you got insurance smart.

For lots of great money tips check out the MoneySmart website or call 1300 300 630

Be aware

1:05 mins

Paying for funerals (audio)

Kelly: young female

Stacey: young female

Background: At home, kids and babies talking and playing, tv.

Kelly: Hey Sis, what's up? You look like you're worried about something.

Stacey: Ahh it's nothing, Kel, I just heard those people talking about funeral cover on TV and I'm worried because I don't have any. Do you have funeral cover?

Kelly: Yeah, I checked and I have insurance with my super which would cover the cost of my funeral. Are you going to go with one from the TV?

Stacey: Well, I rang up a couple of them and they are going to send me some information.

Kelly: You know, Stacey, there are many different ways you can get funeral cover you just gotta make sure you find the one that's right for you. You need to look at all of them carefully and find out how much your payments are, how often you have to pay them and what happens if you can't afford to make your payment one week.

Stacey: ahhh right

Kelly: And if you do get funeral cover you have to make sure you tell your family so they can access the money when they need it.

Stacey: Wow! I didn't know all that. I reckon I'd better find out more information and talk to someone before making any big decisions.

For lots of great money tips check out the MoneySmart website or call 1300 300 630

34 secs

Knowing what you are paying for (audio)

Tom: young male

Sam: young male

Background: music in background

Sam: Hey brutha, did you get stuff off those door-to-door fullas? ….. I did!

Tom: Nah, those fullas charge really high interest rates, or mark-up the price of the goods so you pay a lot more than you would've if you'd bought what you need from a shop in town. How much did you spend?

Sam: Only $30 a week!

Tom: Yeah, but what's the total? How long do you have to make repayments for?

Sam: I wouldn't have a clue!

Tom: Ohh boy!! It's really important to make sure you know what you're signing before you sign it. Why pay more than you have to? You gotta get money smart.

For lots of great money tips check out the MoneySmart website or call 1300 300 630


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Last updated: 04 May 2018