Dollhairs & Sense #14

$30 is waiting for you, please go and get it!

Salut! 🕖 7:00am (or whenever you’re reading this!)

It’s always a big week, so let’s get right into it. Dollhairs & Sense (dollars & cents!) is going to look like this:

• 📍Brief summary of what’s happened this week

• 📚Point of interest for the week (if applicable)

• 🙋Student questions for the week (probably a question you’ve wanted to ask yourself)

• 1️⃣One money thing you/we/me/I can do this week

Are you ready? 👇🏻

---

📍Since last time, in summary

• Welcome back to Term 3!

• There is $30 waiting for you. Please go and get it! Below are the instructions and let me know if you’ve managed to get it

• It’s been a very exciting week🎉launching our NEW #moneyvestdigital program which will be in full swing in 2025 (you might even be doing it if you’re not in Year 12!)

• I’ve been travelling ✈️ across the country, first heading west to 📍Perth to work with Year 11 students then 📍Melbourne to launch our new #moneyvestdigital program with Year 9

• It’s an action packed next couple of weeks, back to Victoria and heading to Tasmania

📚POI (Point of Interest)

• Inflation came out on Wednesday of this week. The trim mean (which is the RBA’s preferred measure of inflation) came in at 0.8% against expectations of 1.00%

• What does this mean? Inflation is lower than the market expected which means the likelihood the RBA will need to increase interest rates on August 6th has reduced. Inflation however is still too high and the RBA will be monitoring it closely

🙋Questions Unlocked

🔐Q: “I don’t have a bank account yet, when should I open one?”

- Year 9 Student, VIC

🔓A: As soon as possible would be my suggestion. You will need a bank account for many things including getting paid from any future job you may have. It is free to open a bank account and you can open one online (if you have the right documents) or at a bank branch at any time. Have a look at Money Task #13 while you’re at it and get a free $30.

1️⃣One money thing we can all do

If you haven’t already ➡️ check out previous Money Tasks which are all here with easy to access links!

• For this week, Money Task #13: A repeat of Money Task #11. There is FREE money available, please go and get it!!!

  Make yourself a FREE $30 🌈💰

1. There is free money to be had at the end of the rainbow 🌈. How? Westpac have reintroduced a special that suits our readers (under 18!) perfectly. IF you open a new Westpac Bump Savings account and deposit $100…. wait for it…. ready….. they will give you $30! 🤯

2. Read the steps below (and I’ve put the link underneath this so it’s easy to find!)

3. Open a Bump Savings account > click here

4. Send $100 from your current account to your NEW bump savings account

5. You will get a free $30 from Westpac

6. Keep the Westpac account open OR close it down, take the free money and laugh all the way to the bank 🏦

7. There is no trick or scam, it’s an offer to try and get you to move to Westpac so take advantage of it