Friends With Money #164: Scammed? Tips on how to bounce back

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Been scammed? You're not alone.Scams cost nearly $3 billion in 2023 according to the ACCC, but there's hope at hand.

In this episode of the Friends With Money podcast, financial adviser and On Your Own Two Feet author Helen Baker joins Money's Michelle Baltazar as they unlock the secrets to help rebuild your finances and protect yourself from cybercriminals. They discuss:

  • What should you do in the first 48 hours after being scammed?
  • How do you protect yourself from future fraud?
  • How to avoid getting into more debt
  • Steps to bounce back from your loss

friends with money podcast 164 how to bounce back after being scammed

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Michelle Baltazar is editor-in-chief of Money magazine and an award-winning journalist, editor and publisher. She has worked at media companies including BRW, Shares Magazine (London) and industry newspaper Financial Standard, and has written about superannuation, wealth management, investment technology and financial advice. Follow Michelle on LinkedIn.

Helen Baker is a licensed Australian financial adviser and author of the new book, Money For Life: How to build financial security from firm foundations (Major Street Publishing $32.99). Helen is among the 1% of financial planners who hold a master's degree in the field. Proceeds from book sales are donated to charities supporting disadvantaged women and children. Connect with Helen on LinkedIn.