00:00:23Fighting Back Against Money Traps
00:01:56Understanding Subscription Traps
00:06:10Navigating Subscription Traps
00:11:09Navigating Online Security and Financial Innovations
00:14:10Managing Financial Risks Online
SELLEST OSAST
If you have ever felt like the world is designed to drain your bank account, you are not imagining it. Online shopping and digital services are full of sneaky money traps - known as dark patterns - built to make spending effortless and canceling nearly impossible.
This week on Ask the Experts, Jan Verberne, Senior Legal Counsel at Revolut, pulls back the curtain on how these manipulative online checkout tactics work and the exact tools you can use to outsmart them.
This episode of Making Cents is proudly supported by Revolut, the card and app for everyday spending in NZ, and smarter money on your travels. Use this link https://get.revolut.com/e9Jc/makingcents7 to try them out, spend, and Revolut will give you $40 to get started.*
This episode covers:
- What dark patterns are and how online retailers use them to manipulate your spending
- How to escape subscription traps, cancel free trials, and avoid forced cancellation phone calls
- The hidden cost of drip pricing and checkout fee sneakiness
- How foreign transaction fees and bad exchange rates make international online shopping more expensive
- How open banking, AI fraud detection, and fintech security tools protect your personal data
- How to build a security buffer between your primary bank account and online merchants
If you have a letter you’d like us to answer, please send it through to ask@francescook.co.nz and you might feature on our next episode!
*T&Cs apply. Spend min $1 to receive reward. Exchange rates will vary. Comparison to major bank rates based on exchanging NZD $1K Mon-Fri, within your plan’s fair usage limits. More info: https://www.revolut.com/en-NZ/nz-fx-substantiation. Revolut Payments New Zealand Pty Ltd.
Follow me everywhere!
Facebook / https://www.facebook.com/FrancesCookNZ
Instagram / https://www.instagram.com/francescooknz
TikTok / https://www.tiktok.com/@francescooknz
Join the Money Memo newsletter for a free weekly money tip in your inbox each week https://www.francescook.co.nz/subscribe
Become a confident sharemarket investor by signing up to the Market Memo newsletter https://www.francescook.co.nz/invest
#MakingCents #FrancesCook #MakingCentsPodcast #InvestingPodcast #MoneyPodcast #FinancialFreedom
Production and video editing by Lana Byrne
Audio engineering by Tash Chittock
Filmed by Fanaticals
Inglise
Uus-Meremaa
NÄITA MÄRKUSI 🔗
TRANSKRIBEERI 🔗
Are you the producer of this podcast?
Add a podcast transcript
Need Audio-to-Text?
Transcribe with Listen411 in Just 60 Seconds
OTSI VARASEMAID OSASID
Otsi kanali Making Cents viimaseid osasid.
MUUD EPISOOD SELLES PODCASTIS
Election season is here, and every political party is lining up to promise fixes for your wallet. But behind the political promises on KiwiSaver, grocery prices, and power bills, are any of their proposed solutions actually going to fix the real problems?
Independent financial journalist and found…
AI can build you a full financial plan in 30 seconds flat, but what happens when that plan meets the real world?
Chatbots sound confident, use big words, and can make you feel completely sorted with your money. But generic tools don't know what questions to ask, often affirm whatever you tell them…
With petrol prices spiking to record highs, hitting $3.52 a litre, switching to an electric or hybrid car can look like the ultimate way to wipe out a massive daily living cost. But is it actually the right financial move for your lifestyle, or could hidden ownership costs end up costing you more? …
While global sharemarkets are booming, New Zealand is sitting quietly near the bottom of the table. I break down why our market is built differently, what that means for your returns, and how to think about whether you should be investing here or looking overseas.
Follow me everywhere!
Facebook / …
There’s a new person setting the rules for our retirement savings, so are we going to see changes for KiwiSaver?
David Boyle has just stepped in as New Zealand’s Retirement Commissioner, bringing decades of experience helping people navigate wealth, funds management, and financial education.
He j…
Vastutamatussäte: Sellele lehele manustatud taskuhäälingusaade ja kunstiteosed pärinevad Frances Cook-lt, mis on selle omaniku omand ja ei ole seotud ettevõttega Listen Notes, Inc.
MUUDA
Aitäh, et aitad hoida podcastide andmebaasi ajakohasena.
