The three biggest drains on our money are paying for housing, food and transport. And there’s no getting away from the fact that it is unlikely we can live without any of the “big three”. Here we look at some ways of how to save on these items.
Saving on rent in the big smoke
It can be hard to save money on rent, especially when you live in the more expensive cities in Australia, like Sydney or Perth.
Read MoreA handbag that is 10 years old and in “grade-two condition” last month sold in London for $289,338 (£162,500).
For context, less than two weeks later an apartment in inner-Melbourne sold for $7000 less than that. It’s nice, too – hardwood floors, two parking spaces, and so on.
So, which is likely to be the more lucrative investment? Judging by the problematic gauge of past market performance, a case could actually be made for the handbag.
Read MoreChristmas is a time of joy. It’s also a time of big credit card debt. One way to avoid this is to hold a no-spend Christmas instead. The average credit card debt in Australia was $3223.70 in July.
Last year, Finder.com assessed the average credit card debt after the festive season was $1666 and that 82% of Australians would take six months to pay off their Christmas credit card debt.
Read MoreIn what’s sure to be good news for Australian business owners, legislation to extend the popular $20,000 instant asset write-off tax scheme for another 12 months has successfully passed through Parliament with no opposition.
Read MoreWhether you’re planning to buy your first home or investment property, or just want to upgrade to a larger dwelling, then it’s essential to maximise your borrowing capacity by fully considering all your income sources
Read MoreHave you restructured your business recently or are you looking at restructuring in the near future?
Normally, when you sell a business, you would have to pay income tax because your business has sold or transferred its assets.
Read MoreWith high property prices in many capital cities, it’s becoming increasingly popular for people who are lucky enough to own a large block to subdivide it and either sell off the surplus land or even build another house on it and then sell.
Read MoreWhether you’re planning to buy your first home or investment property, or just want to upgrade to a larger dwelling, then it’s essential to maximise your borrowing capacity by fully considering all your income sources.
Read MoreWe understand drought can put extra pressure on people and businesses. That’s why we’re making tax easier while times are tough.
Read MoreIf you’re a small business with employees, it’s important to understand the rules about paying them superannuation.
Read MoreThe most common reason Australians switch to a self-managed super fund is for the flexibility and control over how their super is invested.
For many, this can mean a venture into property investment, specific shares or a risk-averse term deposit. But there are a number of more unusual ways you can diversify your SMSF…
Read MoreMany young people wonder how they will ever save such a large deposit for a home while still paying rent, and the “smashed avocado” theory of becoming frugal and not eating out does not change the fact that with average house prices of over $1,000,000 it has never been more difficult to get a foot on the property ladder.
Read More
