Life and Debt

The marketing of debt

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Episode notes

Debt as a concept can be unpalatable. It can mean mortgages, decades long contracts and a total loss of freedom. But for some people, debt isn’t synonymous with restriction and constraint; it’s an opportunity. But the way debt is sold to us influences the way we perceive it. And in the new world order of buy now pay later, how is the way debt is marketed to us shifting?  

Hear from Finfluencer Natasha Etschmann, consumer psychologist Adam Ferrier, CEO of Financial Counselling Australia Fionia Guthrie and AFR reporter Jonathan Shapiro.

Created by The Young Ambassadors in The Ethics Centre’s Banking and Finance Oath initiative. Our work is made possible by donations including the generous support of Ecstra Foundation - helping to build the financial wellbeing of Australians.