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15 Monster Money Wasters

15 Monster Money Wasters wwww EATING YOUR MONEY AWAY 1, BANK FEES 2, HIGH-INTEREST CREDIT CARDS 3500 Average Credit Card Interest Rate in Australia 8 3000 2500 2000 1500 1000 500 15 13 Standard Cards YEAR 200% growth in Australian bank's $S BILLION fee income from loans, 2001 - 2009 FAGIS In 2009. consumers put 2002 2003 2004 2005 2006 2007 2008 ... 2011 worth of fees. FAGIS $32 BILLION The Total Amount of Interest on Credit Card Australians Pay in 2009 Source: aph.gov.au 3 KEEPING CASH AT HOME Aninvestment of: $16 For compound interest of: 8% for the period of: 1626 up to 2006 will result in the amount of: 4 MEMBERSHIPS AND SUBSCRIPTIONS $230,599,491,67,00 $100T FACTS People who buy an annual membership lo a health club overestimale by more $100B "70% than on how much they octually use it. $100M- which results in: $1.5 BILLION $100K 1626 1726 1826 1926 2006 on unused gym membership in Australia per year £ 200 milionin the UK per year $12 bilion in the Unted States per year S SALES AND GREAT DEALS Australian men spend an average of $38 per week on impulse purchases. That totals to a nationwide amount of: $424,757,047 6 GRAND NAMES Difference in price between generics and branded grocery items thai are of the same quality. rand Generic Payo premiurm, but knowi youre getting yourmoney's 7BUYING NEW CARS Cars in Australia depreciate 14% per year for the first 3 years on average, followed by 7% per year thereafter. YEAR 8 FAD DIETS AND PRODUCTS $400 MILLION Amount spent by Australian women on fad diets per year. FAGIS of Australian men are 3. INFOMERCIAL PRODUCTS 83% of people who go on weight loss diets regain their weight in two years. 70% FAGIS: ond www. .com.ou 24% deceptive Percentage infomercials make in all welght loss advertising cases prosecuted by the FTC since 1984. Percentage of QVC, the world's largest infomercial network, $4 Billion revenue that comes from channel surfers. 10, HOBBY EQUIPMENT Source www.allocodomic.com Buy what you need as you need it. If you need a large initial investment To get started, consider renting the eguipment or buying a second-hand. FAGIS 11, PAID STORACE Last summer of year 2010, young music tans spent up to $600 anight at music festivals. Source: news.com.au 12, SATELLITE TV $3 BILLION Average Annual Price of 45m3 Storage Area in Capital Cities: $3,928.80 E Amounf Australians spent on Pay TV in 2009 14, GADGETS 13 EXTENDED WARRANTIES 52.8% Consumer guarantee is part of Australian Law from 1 Jan 2011 Percentage Increase in Australian spending for electronic gadgets 90% of TVs, digital cameras, washing machines and fridges bought by respondents since 2000 didn't need a repair in the previous 12 months. FAGTS Juntlat Eorter of 2010. rotal soles eoched on lght-monthhigh bearing our Christmas Souce newsninemin.com.au 15 PETS $3.6 BILLION was spent on dogs last 2009 77% of women admits they spend more time on their dogs than their partner. mela/t_mia_opo eorch cilation/0/1aa 97ndechtmi plons_and_programs/orficle.htm poges.P14365/411 e node gios ctoet colo250 Grocery30ngury eport0choplen201RE2SO00piat o thtmiln 45e4tnins0RAporinernnytemcm nleoboutvouodyarscie5 4coodehow-lo-tyoureeCetorgetu ayosicedt-cord-interest-oles 3yeor hgn toption-com_contentvewaticeidsioedt-cord-ntenstratem-to-be-copped-f-ndp-elecledt.cotiantnatonalkiemid ocidowniooduconsumer.guarantees quide.pat Shestmonevarticleu005/eornes-guide-ore-etended-warante-worlh-it /Daytvhml- pay IV stanstics content&louviewid4BLtemid-33 2010mightening-our-bes.oip Infographic brought to you by CreditCardFinder.com.au 5PPC675-0193 e-Plecoat220ola 1645 (1898 t902 15 Monster Money Wasters wwww EATING YOUR MONEY AWAY 1, BANK FEES 2, HIGH-INTEREST CREDIT CARDS 3500 Average Credit Card Interest Rate in Australia 8 3000 2500 2000 1500 1000 500 15 13 Standard Cards YEAR 200% growth in Australian bank's $S BILLION fee income from loans, 2001 - 2009 FAGIS In 2009. consumers put 2002 2003 2004 2005 2006 2007 2008 ... 2011 worth of fees. FAGIS $32 BILLION The Total Amount of Interest on Credit Card Australians Pay in 2009 Source: aph.gov.au 3 KEEPING CASH AT HOME Aninvestment of: $16 For compound interest of: 8% for the period of: 1626 up to 2006 will result in the amount of: 4 MEMBERSHIPS AND SUBSCRIPTIONS $230,599,491,67,00 $100T FACTS People who buy an annual membership lo a health club overestimale by more $100B "70% than on how much they octually use it. $100M- which results in: $1.5 BILLION $100K 1626 1726 1826 1926 2006 on unused gym membership in Australia per year £ 200 milionin the UK per year $12 bilion in the Unted States per year S SALES AND GREAT DEALS Australian men spend an average of $38 per week on impulse purchases. That totals to a nationwide amount of: $424,757,047 6 GRAND NAMES Difference in price between generics and branded grocery items thai are of the same quality. rand Generic Payo premiurm, but knowi youre getting yourmoney's 7BUYING NEW CARS Cars in Australia depreciate 14% per year for the first 3 years on average, followed by 7% per year thereafter. YEAR 8 FAD DIETS AND PRODUCTS $400 MILLION Amount spent by Australian women on fad diets per year. FAGIS of Australian men are 3. INFOMERCIAL PRODUCTS 83% of people who go on weight loss diets regain their weight in two years. 70% FAGIS: ond www. .com.ou 24% deceptive Percentage infomercials make in all welght loss advertising cases prosecuted by the FTC since 1984. Percentage of QVC, the world's largest infomercial network, $4 Billion revenue that comes from channel surfers. 10, HOBBY EQUIPMENT Source www.allocodomic.com Buy what you need as you need it. If you need a large initial investment To get started, consider renting the eguipment or buying a second-hand. FAGIS 11, PAID STORACE Last summer of year 2010, young music tans spent up to $600 anight at music festivals. Source: news.com.au 12, SATELLITE TV $3 BILLION Average Annual Price of 45m3 Storage Area in Capital Cities: $3,928.80 E Amounf Australians spent on Pay TV in 2009 14, GADGETS 13 EXTENDED WARRANTIES 52.8% Consumer guarantee is part of Australian Law from 1 Jan 2011 Percentage Increase in Australian spending for electronic gadgets 90% of TVs, digital cameras, washing machines and fridges bought by respondents since 2000 didn't need a repair in the previous 12 months. FAGTS Juntlat Eorter of 2010. rotal soles eoched on lght-monthhigh bearing our Christmas Souce newsninemin.com.au 15 PETS $3.6 BILLION was spent on dogs last 2009 77% of women admits they spend more time on their dogs than their partner. mela/t_mia_opo eorch cilation/0/1aa 97ndechtmi plons_and_programs/orficle.htm e node gios ctoet colo250 Grocery30ngury eport0choplen201RE2SO00piat o thtmiln 45e4tnins0RAporinernnytemcm nleoboutvouodyarscie5 4coodehow-lo-tyoureeCetorgetu ayosicedt-cord-interest-oles 3yeor hgn toption-com_contentvewaticeidsioedt-cord-ntenstratem-to-be-copped-f-ndp-elecledt.cotiantnatonalkiemid ocidowniooduconsumer.guarantees quide.pat Shestmonevarticleu005/eornes-guide-ore-etended-warante-worlh-it /Daytvhml- pay IV stanstics content&louviewid4BLtemid-33 2010mightening-our-bes.oip Infographic brought to you by CreditCardFinder.com.au SOOSTO 券 1645 (1898 t902 15 Monster Money Wasters wwww EATING YOUR MONEY AWAY 1, BANK FEES 2, HIGH-INTEREST CREDIT CARDS 3500 Average Credit Card Interest Rate in Australia 8 3000 2500 2000 1500 1000 500 15 13 Standard Cards YEAR 200% growth in Australian bank's $S BILLION fee income from loans, 2001 - 2009 FAGIS In 2009. consumers put 2002 2003 2004 2005 2006 2007 2008 ... 2011 worth of fees. FAGIS $32 BILLION The Total Amount of Interest on Credit Card Australians Pay in 2009 Source: aph.gov.au 3 KEEPING CASH AT HOME Aninvestment of: $16 For compound interest of: 8% for the period of: 1626 up to 2006 will result in the amount of: 4 MEMBERSHIPS AND SUBSCRIPTIONS $230,599,491,67,00 $100T FACTS People who buy an annual membership lo a health club overestimale by more $100B "70% than on how much they octually use it. $100M- which results in: $1.5 BILLION $100K 1626 1726 1826 1926 2006 on unused gym membership in Australia per year £ 200 milionin the UK per year $12 bilion in the Unted States per year S SALES AND GREAT DEALS Australian men spend an average of $38 per week on impulse purchases. That totals to a nationwide amount of: $424,757,047 6 GRAND NAMES Difference in price between generics and branded grocery items thai are of the same quality. rand Generic Payo premiurm, but knowi youre getting yourmoney's 7BUYING NEW CARS Cars in Australia depreciate 14% per year for the first 3 years on average, followed by 7% per year thereafter. YEAR 8 FAD DIETS AND PRODUCTS $400 MILLION Amount spent by Australian women on fad diets per year. FAGIS of Australian men are 3. INFOMERCIAL PRODUCTS 83% of people who go on weight loss diets regain their weight in two years. 70% FAGIS: ond www. .com.ou 24% deceptive Percentage infomercials make in all welght loss advertising cases prosecuted by the FTC since 1984. Percentage of QVC, the world's largest infomercial network, $4 Billion revenue that comes from channel surfers. 10, HOBBY EQUIPMENT Source www.allocodomic.com Buy what you need as you need it. If you need a large initial investment To get started, consider renting the eguipment or buying a second-hand. FAGIS 11, PAID STORACE Last summer of year 2010, young music tans spent up to $600 anight at music festivals. Source: news.com.au 12, SATELLITE TV $3 BILLION Average Annual Price of 45m3 Storage Area in Capital Cities: $3,928.80 E Amounf Australians spent on Pay TV in 2009 14, GADGETS 13 EXTENDED WARRANTIES 52.8% Consumer guarantee is part of Australian Law from 1 Jan 2011 Percentage Increase in Australian spending for electronic gadgets 90% of TVs, digital cameras, washing machines and fridges bought by respondents since 2000 didn't need a repair in the previous 12 months. FAGTS Juntlat Eorter of 2010. rotal soles eoched on lght-monthhigh bearing our Christmas Souce newsninemin.com.au 15 PETS $3.6 BILLION was spent on dogs last 2009 77% of women admits they spend more time on their dogs than their partner. mela/t_mia_opo eorch cilation/0/1aa 97ndechtmi plons_and_programs/orficle.htm e node gios ctoet colo250 Grocery30ngury eport0choplen201RE2SO00piat o thtmiln 45e4tnins0RAporinernnytemcm nleoboutvouodyarscie5 4coodehow-lo-tyoureeCetorgetu ayosicedt-cord-interest-oles 3yeor hgn toption-com_contentvewaticeidsioedt-cord-ntenstratem-to-be-copped-f-ndp-elecledt.cotiantnatonalkiemid ocidowniooduconsumer.guarantees quide.pat Shestmonevarticleu005/eornes-guide-ore-etended-warante-worlh-it /Daytvhml- pay IV stanstics content&louviewid4BLtemid-33 2010mightening-our-bes.oip Infographic brought to you by CreditCardFinder.com.au SOOSTO 券 1645 (1898 t902 15 Monster Money Wasters wwww EATING YOUR MONEY AWAY 1, BANK FEES 2, HIGH-INTEREST CREDIT CARDS 3500 Average Credit Card Interest Rate in Australia 8 3000 2500 2000 1500 1000 500 15 13 Standard Cards YEAR 200% growth in Australian bank's $S BILLION fee income from loans, 2001 - 2009 FAGIS In 2009. consumers put 2002 2003 2004 2005 2006 2007 2008 ... 2011 worth of fees. FAGIS $32 BILLION The Total Amount of Interest on Credit Card Australians Pay in 2009 Source: aph.gov.au 3 KEEPING CASH AT HOME Aninvestment of: $16 For compound interest of: 8% for the period of: 1626 up to 2006 will result in the amount of: 4 MEMBERSHIPS AND SUBSCRIPTIONS $230,599,491,67,00 $100T FACTS People who buy an annual membership lo a health club overestimale by more $100B "70% than on how much they octually use it. $100M- which results in: $1.5 BILLION $100K 1626 1726 1826 1926 2006 on unused gym membership in Australia per year £ 200 milionin the UK per year $12 bilion in the Unted States per year S SALES AND GREAT DEALS Australian men spend an average of $38 per week on impulse purchases. That totals to a nationwide amount of: $424,757,047 6 GRAND NAMES Difference in price between generics and branded grocery items thai are of the same quality. rand Generic Payo premiurm, but knowi youre getting yourmoney's 7BUYING NEW CARS Cars in Australia depreciate 14% per year for the first 3 years on average, followed by 7% per year thereafter. YEAR 8 FAD DIETS AND PRODUCTS $400 MILLION Amount spent by Australian women on fad diets per year. FAGIS of Australian men are 3. INFOMERCIAL PRODUCTS 83% of people who go on weight loss diets regain their weight in two years. 70% FAGIS: ond www. .com.ou 24% deceptive Percentage infomercials make in all welght loss advertising cases prosecuted by the FTC since 1984. Percentage of QVC, the world's largest infomercial network, $4 Billion revenue that comes from channel surfers. 10, HOBBY EQUIPMENT Source www.allocodomic.com Buy what you need as you need it. If you need a large initial investment To get started, consider renting the eguipment or buying a second-hand. FAGIS 11, PAID STORACE Last summer of year 2010, young music tans spent up to $600 anight at music festivals. Source: news.com.au 12, SATELLITE TV $3 BILLION Average Annual Price of 45m3 Storage Area in Capital Cities: $3,928.80 E Amounf Australians spent on Pay TV in 2009 14, GADGETS 13 EXTENDED WARRANTIES 52.8% Consumer guarantee is part of Australian Law from 1 Jan 2011 Percentage Increase in Australian spending for electronic gadgets 90% of TVs, digital cameras, washing machines and fridges bought by respondents since 2000 didn't need a repair in the previous 12 months. FAGTS Juntlat Eorter of 2010. rotal soles eoched on lght-monthhigh bearing our Christmas Souce newsninemin.com.au 15 PETS $3.6 BILLION was spent on dogs last 2009 77% of women admits they spend more time on their dogs than their partner. mela/t_mia_opo eorch cilation/0/1aa 97ndechtmi plons_and_programs/orficle.htm e node gios ctoet colo250 Grocery30ngury eport0choplen201RE2SO00piat o thtmiln 45e4tnins0RAporinernnytemcm nleoboutvouodyarscie5 4coodehow-lo-tyoureeCetorgetu ayosicedt-cord-interest-oles 3yeor hgn toption-com_contentvewaticeidsioedt-cord-ntenstratem-to-be-copped-f-ndp-elecledt.cotiantnatonalkiemid ocidowniooduconsumer.guarantees quide.pat Shestmonevarticleu005/eornes-guide-ore-etended-warante-worlh-it /Daytvhml- pay IV stanstics content&louviewid4BLtemid-33 2010mightening-our-bes.oip Infographic brought to you by CreditCardFinder.com.au SOOSTO 券 1645 (1898 t902 15 Monster Money Wasters wwww EATING YOUR MONEY AWAY 1, BANK FEES 2, HIGH-INTEREST CREDIT CARDS 3500 Average Credit Card Interest Rate in Australia 8 3000 2500 2000 1500 1000 500 15 13 Standard Cards YEAR 200% growth in Australian bank's $S BILLION fee income from loans, 2001 - 2009 FAGIS In 2009. consumers put 2002 2003 2004 2005 2006 2007 2008 ... 2011 worth of fees. FAGIS $32 BILLION The Total Amount of Interest on Credit Card Australians Pay in 2009 Source: aph.gov.au 3 KEEPING CASH AT HOME Aninvestment of: $16 For compound interest of: 8% for the period of: 1626 up to 2006 will result in the amount of: 4 MEMBERSHIPS AND SUBSCRIPTIONS $230,599,491,67,00 $100T FACTS People who buy an annual membership lo a health club overestimale by more $100B "70% than on how much they octually use it. $100M- which results in: $1.5 BILLION $100K 1626 1726 1826 1926 2006 on unused gym membership in Australia per year £ 200 milionin the UK per year $12 bilion in the Unted States per year S SALES AND GREAT DEALS Australian men spend an average of $38 per week on impulse purchases. That totals to a nationwide amount of: $424,757,047 6 GRAND NAMES Difference in price between generics and branded grocery items thai are of the same quality. rand Generic Payo premiurm, but knowi youre getting yourmoney's 7BUYING NEW CARS Cars in Australia depreciate 14% per year for the first 3 years on average, followed by 7% per year thereafter. YEAR 8 FAD DIETS AND PRODUCTS $400 MILLION Amount spent by Australian women on fad diets per year. FAGIS of Australian men are 3. INFOMERCIAL PRODUCTS 83% of people who go on weight loss diets regain their weight in two years. 70% FAGIS: ond www. .com.ou 24% deceptive Percentage infomercials make in all welght loss advertising cases prosecuted by the FTC since 1984. Percentage of QVC, the world's largest infomercial network, $4 Billion revenue that comes from channel surfers. 10, HOBBY EQUIPMENT Source www.allocodomic.com Buy what you need as you need it. If you need a large initial investment To get started, consider renting the eguipment or buying a second-hand. FAGIS 11, PAID STORACE Last summer of year 2010, young music tans spent up to $600 anight at music festivals. Source: news.com.au 12, SATELLITE TV $3 BILLION Average Annual Price of 45m3 Storage Area in Capital Cities: $3,928.80 E Amounf Australians spent on Pay TV in 2009 14, GADGETS 13 EXTENDED WARRANTIES 52.8% Consumer guarantee is part of Australian Law from 1 Jan 2011 Percentage Increase in Australian spending for electronic gadgets 90% of TVs, digital cameras, washing machines and fridges bought by respondents since 2000 didn't need a repair in the previous 12 months. FAGTS Juntlat Eorter of 2010. rotal soles eoched on lght-monthhigh bearing our Christmas Souce newsninemin.com.au 15 PETS $3.6 BILLION was spent on dogs last 2009 77% of women admits they spend more time on their dogs than their partner. mela/t_mia_opo eorch cilation/0/1aa 97ndechtmi plons_and_programs/orficle.htm e node gios ctoet colo250 Grocery30ngury eport0choplen201RE2SO00piat o thtmiln 45e4tnins0RAporinernnytemcm nleoboutvouodyarscie5 4coodehow-lo-tyoureeCetorgetu ayosicedt-cord-interest-oles 3yeor hgn toption-com_contentvewaticeidsioedt-cord-ntenstratem-to-be-copped-f-ndp-elecledt.cotiantnatonalkiemid ocidowniooduconsumer.guarantees quide.pat Shestmonevarticleu005/eornes-guide-ore-etended-warante-worlh-it /Daytvhml- pay IV stanstics content&louviewid4BLtemid-33 2010mightening-our-bes.oip Infographic brought to you by CreditCardFinder.com.au SOOSTO 券 1645 (1898 t902 15 Monster Money Wasters wwww EATING YOUR MONEY AWAY 1, BANK FEES 2, HIGH-INTEREST CREDIT CARDS 3500 Average Credit Card Interest Rate in Australia 8 3000 2500 2000 1500 1000 500 15 13 Standard Cards YEAR 200% growth in Australian bank's $S BILLION fee income from loans, 2001 - 2009 FAGIS In 2009. consumers put 2002 2003 2004 2005 2006 2007 2008 ... 2011 worth of fees. FAGIS $32 BILLION The Total Amount of Interest on Credit Card Australians Pay in 2009 Source: aph.gov.au 3 KEEPING CASH AT HOME Aninvestment of: $16 For compound interest of: 8% for the period of: 1626 up to 2006 will result in the amount of: 4 MEMBERSHIPS AND SUBSCRIPTIONS $230,599,491,67,00 $100T FACTS People who buy an annual membership lo a health club overestimale by more $100B "70% than on how much they octually use it. $100M- which results in: $1.5 BILLION $100K 1626 1726 1826 1926 2006 on unused gym membership in Australia per year £ 200 milionin the UK per year $12 bilion in the Unted States per year S SALES AND GREAT DEALS Australian men spend an average of $38 per week on impulse purchases. That totals to a nationwide amount of: $424,757,047 6 GRAND NAMES Difference in price between generics and branded grocery items thai are of the same quality. rand Generic Payo premiurm, but knowi youre getting yourmoney's 7BUYING NEW CARS Cars in Australia depreciate 14% per year for the first 3 years on average, followed by 7% per year thereafter. YEAR 8 FAD DIETS AND PRODUCTS $400 MILLION Amount spent by Australian women on fad diets per year. FAGIS of Australian men are 3. INFOMERCIAL PRODUCTS 83% of people who go on weight loss diets regain their weight in two years. 70% FAGIS: ond www. .com.ou 24% deceptive Percentage infomercials make in all welght loss advertising cases prosecuted by the FTC since 1984. Percentage of QVC, the world's largest infomercial network, $4 Billion revenue that comes from channel surfers. 10, HOBBY EQUIPMENT Source www.allocodomic.com Buy what you need as you need it. If you need a large initial investment To get started, consider renting the eguipment or buying a second-hand. FAGIS 11, PAID STORACE Last summer of year 2010, young music tans spent up to $600 anight at music festivals. Source: news.com.au 12, SATELLITE TV $3 BILLION Average Annual Price of 45m3 Storage Area in Capital Cities: $3,928.80 E Amounf Australians spent on Pay TV in 2009 14, GADGETS 13 EXTENDED WARRANTIES 52.8% Consumer guarantee is part of Australian Law from 1 Jan 2011 Percentage Increase in Australian spending for electronic gadgets 90% of TVs, digital cameras, washing machines and fridges bought by respondents since 2000 didn't need a repair in the previous 12 months. FAGTS Juntlat Eorter of 2010. rotal soles eoched on lght-monthhigh bearing our Christmas Souce newsninemin.com.au 15 PETS $3.6 BILLION was spent on dogs last 2009 77% of women admits they spend more time on their dogs than their partner. mela/t_mia_opo eorch cilation/0/1aa 97ndechtmi plons_and_programs/orficle.htm e node gios ctoet colo250 Grocery30ngury eport0choplen201RE2SO00piat o thtmiln 45e4tnins0RAporinernnytemcm nleoboutvouodyarscie5 4coodehow-lo-tyoureeCetorgetu ayosicedt-cord-interest-oles 3yeor hgn toption-com_contentvewaticeidsioedt-cord-ntenstratem-to-be-copped-f-ndp-elecledt.cotiantnatonalkiemid ocidowniooduconsumer.guarantees quide.pat Shestmonevarticleu005/eornes-guide-ore-etended-warante-worlh-it /Daytvhml- pay IV stanstics content&louviewid4BLtemid-33 2010mightening-our-bes.oip Infographic brought to you by CreditCardFinder.com.au SOOSTO 券 1645 (1898 t902 15 Monster Money Wasters wwww EATING YOUR MONEY AWAY 1, BANK FEES 2, HIGH-INTEREST CREDIT CARDS 3500 Average Credit Card Interest Rate in Australia 8 3000 2500 2000 1500 1000 500 15 13 Standard Cards YEAR 200% growth in Australian bank's $S BILLION fee income from loans, 2001 - 2009 FAGIS In 2009. consumers put 2002 2003 2004 2005 2006 2007 2008 ... 2011 worth of fees. FAGIS $32 BILLION The Total Amount of Interest on Credit Card Australians Pay in 2009 Source: aph.gov.au 3 KEEPING CASH AT HOME Aninvestment of: $16 For compound interest of: 8% for the period of: 1626 up to 2006 will result in the amount of: 4 MEMBERSHIPS AND SUBSCRIPTIONS $230,599,491,67,00 $100T FACTS People who buy an annual membership lo a health club overestimale by more $100B "70% than on how much they octually use it. $100M- which results in: $1.5 BILLION $100K 1626 1726 1826 1926 2006 on unused gym membership in Australia per year £ 200 milionin the UK per year $12 bilion in the Unted States per year S SALES AND GREAT DEALS Australian men spend an average of $38 per week on impulse purchases. That totals to a nationwide amount of: $424,757,047 6 GRAND NAMES Difference in price between generics and branded grocery items thai are of the same quality. rand Generic Payo premiurm, but knowi youre getting yourmoney's 7BUYING NEW CARS Cars in Australia depreciate 14% per year for the first 3 years on average, followed by 7% per year thereafter. YEAR 8 FAD DIETS AND PRODUCTS $400 MILLION Amount spent by Australian women on fad diets per year. FAGIS of Australian men are 3. INFOMERCIAL PRODUCTS 83% of people who go on weight loss diets regain their weight in two years. 70% FAGIS: ond www. .com.ou 24% deceptive Percentage infomercials make in all welght loss advertising cases prosecuted by the FTC since 1984. Percentage of QVC, the world's largest infomercial network, $4 Billion revenue that comes from channel surfers. 10, HOBBY EQUIPMENT Source www.allocodomic.com Buy what you need as you need it. If you need a large initial investment To get started, consider renting the eguipment or buying a second-hand. FAGIS 11, PAID STORACE Last summer of year 2010, young music tans spent up to $600 anight at music festivals. Source: news.com.au 12, SATELLITE TV $3 BILLION Average Annual Price of 45m3 Storage Area in Capital Cities: $3,928.80 E Amounf Australians spent on Pay TV in 2009 14, GADGETS 13 EXTENDED WARRANTIES 52.8% Consumer guarantee is part of Australian Law from 1 Jan 2011 Percentage Increase in Australian spending for electronic gadgets 90% of TVs, digital cameras, washing machines and fridges bought by respondents since 2000 didn't need a repair in the previous 12 months. FAGTS Juntlat Eorter of 2010. rotal soles eoched on lght-monthhigh bearing our Christmas Souce newsninemin.com.au 15 PETS $3.6 BILLION was spent on dogs last 2009 77% of women admits they spend more time on their dogs than their partner. mela/t_mia_opo eorch cilation/0/1aa 97ndechtmi plons_and_programs/orficle.htm e node gios ctoet colo250 Grocery30ngury eport0choplen201RE2SO00piat o thtmiln 45e4tnins0RAporinernnytemcm nleoboutvouodyarscie5 4coodehow-lo-tyoureeCetorgetu ayosicedt-cord-interest-oles 3yeor hgn toption-com_contentvewaticeidsioedt-cord-ntenstratem-to-be-copped-f-ndp-elecledt.cotiantnatonalkiemid ocidowniooduconsumer.guarantees quide.pat Shestmonevarticleu005/eornes-guide-ore-etended-warante-worlh-it /Daytvhml- pay IV stanstics content&louviewid4BLtemid-33 2010mightening-our-bes.oip Infographic brought to you by CreditCardFinder.com.au SOOSTO 券 1645 (1898 t902

15 Monster Money Wasters

shared by Angel on Sep 03
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Many people complain about never having enough money to save. Interestingly, these same people will throw away their hard-earned cash on extravagant and often unnecessary purchases.

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