Scroll, Swipe… Spend? The Risk Behind Social Media Money Advice

With cost-of-living pressures biting, more Australians are turning to social media for quick financial tips — but not everything online is what it seems. We’re joined by Compare Club’s Kate Browne to unpack ASIC’s crackdown on misleading “finfluencers,” why so many people are still trusting unlicensed money advice, and how to separate useful guidance from risky noise in your feed. From “guaranteed returns” claims to viral money hacks — what looks helpful online can sometimes come with a very real price tag.See omnystudio.com/listener for privacy information.