Why talking about money could save you

THE FEED: Bragging about how much cash you’ve saved or admitting you’ve blown it on a bad investment may feel awkward but with changes to financial laws still to pass parliament, experts say talking about money could be your best bet. Here’s why:

“บ่อยครั้งที่ผู้คนจะกล่าวว่า ฉันนั้นเป็นลูกค้าที่ดี ซึ่งผมก็จะรับฟังแล้วก็กล่าวว่า ‘อย่าซื่อไปหน่อยเลย’—แกรม พาร์สันส์ Source: Image by SBS The Feed

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry found dishonesty, greed, irresponsible lending, and the pursuit of profit above all else in the industry. The final report recommended a whole lot of changes which still need to be passed by parliament.

Importantly, it found the general public don’t really know or understand what’s going on with their money.

You can read the full version of this story in English on SBS The Feed here.