Kids’ savings accounts are generally horrible when it comes to features and returns – but some are better than others. As a father of four adult children and eight grandchildren, I’ve always been interested in kids’ savings accounts. Libby and I have always tried to instil good savings habits (with mixed success) into our kids… Read more »
There’s a new tax scam to be vigilant about and it’s a super easy one to fall for. The Australian Taxation Office (ATO) is urging taxpayers to be vigilant following an increase in reports of fake websites offering to provide tax file numbers (TFN) and Australian business numbers (ABN) for a fee, but failing to… Read more »
Teens and money aren’t generally good mates, but they are actually uniquely positioned to take advantage of the power of compounding. Lucky ducks! On his 18th birthday, my son Ben asked me how he could be a millionaire by age 50. What a powerful question – one I wish I had asked at his age.… Read more »
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Your Money
One of the quickest ways to improve your cashflow is to cancel services you don’t use. We’ve all got them – services we signed up for but never use. We might have taken on a streaming service just to watch particular show. Or we strongly overestimated our commitment to a year-long gym membership. Perhaps we’re… Read more »
Your Life
Kids’ savings accounts are generally horrible when it comes to features and returns – but some are better than others. As a father of four adult children and eight grandchildren, I’ve always been interested in kids’ savings accounts. Libby and I have always tried to instil good savings habits (with mixed success) into our kids… Read more »
Your Business
Self-made millionaires follow a tried and tested formula that embraces success and hard work, writes Zaki Ameer. By Zaki Ameer Zaki Ameer was never interested in academic life. He failed at school, and began his entrepreneurial journey by selling cassettes to classmates. After moving to Australia to study for a Bachelor of Business, a chance… Read more »
Weekly money, life and business news delivered to your inbox.
Kids’ savings accounts are generally horrible when it comes to features and returns – but some are better than others. As a father of four adult children and eight grandchildren, I’ve always been interested in kids’ savings accounts. Libby and I have always tried to instil good savings habits (with mixed success) into our kids… Read more »
There’s a new tax scam to be vigilant about and it’s a super easy one to fall for. The Australian Taxation Office (ATO) is urging taxpayers to be vigilant following an increase in reports of fake websites offering to provide tax file numbers (TFN) and Australian business numbers (ABN) for a fee, but failing to… Read more »
Teens and money aren’t generally good mates, but they are actually uniquely positioned to take advantage of the power of compounding. Lucky ducks! On his 18th birthday, my son Ben asked me how he could be a millionaire by age 50. What a powerful question – one I wish I had asked at his age.… Read more »
Have you set some solid debt limits on your household budget yet? If you haven’t, it’s high time you did. With so much talk among politicians and in the media about Australia’s national debt levels and our ongoing budget deficit, it got me thinking. How do you assess your own household debt and know when… Read more »
Make sure your goodwill gesture is an approved charity donation before you claim it on your tax return. With Australians expected to make significant charitable donations to support flood impacted areas, the Australian Taxation Office (ATO) is urging us to make sure that if we want to claim a deduction in our tax return for… Read more »
How much interest rates will rise is the big question and each of the big banks have a slightly different answer… but they all agree the first rate increase will be June. Westpac’s economic team is now predicting the cash rate hikes will start in June and hit 2 per cent by June the following… Read more »
Many Australians are interested in buying an electric vehicle for environmental reasons, but most say they’re too expensive. But are they really? Research by Nielsen in 2019 found that price stopped 80 per cent of Australians from considering buying an electric vehicle (EV). Purchase price is an obvious barrier – EVs are more expensive than… Read more »
