MoneyIQ Driving

Level up your MoneyIQ on the topic of Driving.

The four videos in this series cover the basics you need to know in order to make confident, informed and safe financial decisions before hitting the road.

MoneyIQ: Driving | Episode 1: Choose your first car

Buying your first car? In this video Mon and IQ walk you through everything you really need to know when choosing your first car — wants vs needs, petrol vs hybrid vs electric, and whether to go new or used.

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MoneyIQ: Driving | Episode 2: The real cost of owning a car

How much does a car actually cost? In this video Mon and IQ break down the true costs of registration, insurance, servicing, fuel and depreciation so you don’t get caught out once you’re on the road.

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MoneyIQ: Driving | Episode 3: Cash or loan - ways to pay for your car

Trying to figure out how to pay for your first set of wheels? In this video Mon and IQ explain saving, loans, finance options and what each one could mean for your budget so that you can make smart money moves before you buy.

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MoneyIQ: Driving | Episode 4: Caution! Scammers ahead.

Worried about getting scammed when buying a used car? In this video Mon and IQ share simple steps to spot dodgy sellers, how to thoroughly check a car’s history and condition, and stay safe through the whole process.

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Disclaimer: The information on this website is general educational information. It is not financial advice. Financial Basics Foundation is not a financial advisor. The information is designed to improve your financial literacy by increasing your awareness and understanding of the topics described.