You can pay someone for financial advice, or you can go online and get it for free – from a financial influencer, or “finfluencer”. While some are highly qualified to give such advice, others have little or no financial expertise. This has prompted the Australian government to enact a law demanding finfluencers be federally licenced, or risk going to jail for up to five years.
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| Word | Translation | Phonetics | SearchStrings |
|---|---|---|---|
| free: for ~ | umsonst, kostenlos | free | |
| expertise | Kompetenz, Sachkenntnis | expertise | |
| prompt | veranlassen | ||
| enact a law | ein Gesetz erlassen | enact a law | |
| federally licenced | staatlich zugelassen | federally licenced |