Standing up for young bankers
TODAY TO I feel like a financial Rocky Ro Balboa.
See, I’ve been fighting Co CommBank’s Dollarmites for 15 1 much long as years landed … and a punch. 5m haven’t so
By rights, my trainer sh should have thrown in the to towel and put me out of my m misery.
After all, I’ve been fighting a$ a $142 billion company, with 50 50,000 employees.
Yet I am the Italian Stallion (o (or the Barefoot Brawler?), so I kept on fighting!
And like all good cliched underdog stories, I’ve finally landed my first punch: ASIC has officially launched an inquiry into school banking and is inviting public submissions. Bam! Right on the kisser! The deadline for entries is October 31, so I’m busy writing a ‘knockout’ submission.
To do that, however, I need a favour from you.
I want your thoughts on Dollarmites. All you have to do is complete a two-minute survey on my website: barefootmoneymovement.org
I’ll include all reader responses as part of my submission.
Oh, there’s one more thing. While I’ve written a War and Peace amount of words on Dollarmites, I’ve never actually seen it from the inside — that is, I’ve never run a Dollarmites school banking program. How can I do a killer submission without having seen the coin’s flipside?
Here’s the story: CommBank’s school banking program may reportedly be worth $10 billion to the bank, yet they’re such scrooges they don’t even pay people to run it. Instead, the school has to rope in Adrian’s mum from Grade 2 to run the program as a volunteer.
Yes, Adrian’s mum is the bag lady for a bank that made $8.6 billion in profit last year.
Well, Adrian’s mum, you can relax and get a mani-pedi. I will personally volunteer to come to your school and run the program for a week.
They’re on the ropes, it’s time to get the eye of the tiger.
So, Barefooters, go to my website and fill out the twominute survey. (And if you want me to run your school’s Dollarmites program for a week, let me know that as well.) Help me do it for Adrian!
BRIDGET WRITES: I spent $2000 on Powerball last night and apparently did not even win my tickets back. I feel pathetic. BAREFOOT REPLIES: The odds of winning Division 1 Powerball (according to their own website) are 134 million to 1.
You’re either an addicted gambler, in which case you should get professional help (call Gamblers Help on 1800 858 858), or you’ve got a feeling of hopelessness about your situation. Either way, there are no shortcuts to any place worth going.