Tweet your pledge to stop wasting money with the hashtag #MoneyWaste to @mozo_au and the best tweet could win a $200 Visa gift voucher.
Australia, this is an intervention. Research by Mozo has uncovered a startling fact: we’re a nation of money wasters, throwing away over $25 billion on expenses that are easily avoidable.
Our biggest money waste is credit card interest, coming in at a whopping total of $6.6 billion a year. There’s just no good reason for anyone to be paying sky high interest rates. Enough is enough. Shop around for a cheaper credit card or personal loan to consolidate your debts and make the active decision to stop throwing away money.
Australians love good food but our eyes are much bigger than our bellies. Household food wastage is an incredible $5.20 billion a year. They say there’s no such thing as a free lunch but last night’s dinner leftovers could easily be tomorrow’s no cost lunch.
The amount of money we waste on bank fees and excess mobile phone usage each year is insane – $2.1billion. It might be a quick solution to use another bank’s nearby ATM but banks are making over $1 billion a year in ATM and exception fees. Finding your own banks free of charge ATM is an easy way to put a stop to money wastage.
It’s time to draw the line. It just takes one decision to put a stop to unnecessary money wastage. Mozo is calling on all Australians to make a pledge to stop wasting money and support others with their decision to quit the habit of throwing away money.
Tweet your pledge and plan to stop wasting money with the hashtag #MoneyWaste to @mozo_au and the best tweet could win a $200 Visa gift card as a reward for their decision to end money waste.