What to do when your friends have a huge travel budget and you don't

What to do when your friends have a huge travel budget (but you don’t)

This is a guest post written by Monika Gudova for Mozo.com.au.   As “fun” as it may be, sometimes we all need a break from the world of walking-meetings and hot-desking, so when your bestie asks you to join her for a 14-day European vacay, you say yes – with bells on!   That is […]

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Is your income keeping up with inflation

Is Your Income Keeping Up With Inflation?

This week Industrial Relations action commenced against my employer regarding our latest Enterprise Bargaining Agreement (EBA). This was mostly due to the fact that my employer’s wage offer under this agreement was a 0% pay rise for the next 3 years.   This is the first time in my employer’s history of offering no wage […]

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how to get rid of credit card debt fast

Drum roll……. We paid off our credit card debt!

In May 2013, my dearly beloved opened a credit card account with the Commonwealth Bank of Australia.   The primary point of this credit card was for “emergencies”. At the time, we didn’t have an emergency fund. In fact, we didn’t have any savings. So, it seemed logical, and rather responsible, to have some kind […]

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Is It A Wise Idea To Save Money When You're In Debt?

Is It A Wise Idea To Save Money When You’re In Debt?

This post was written by Stacy Miller from kissyourmoney.com. Stacy’s blog aims to provide real-world advice, tips and tricks to make, spend and save extra money smartly. Conventional wisdom says that you should focus on paying back your creditors when you’re in debt, but is this really the case?   When you’re in debt, saving […]

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Can salary packaging be used to get out of the Medicare Levy Surcharge?

Can I use salary packaging to avoid the Medicare Levy Surcharge?

In early June, my beloved and I received letters from the Australian Government outlining that as we were now 31 we would be subject to the Medicare Levy Surcharge (MLS) and Lifetime Health Cover (LHC) from 1 July this year. This notification has two potential implications for us.   Firstly, if our combined MLS assessable […]

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salary packaging to make your wealth grow

What’s the deal with salary packaging?

What is salary packaging? Salary packaging, also known as salary sacrificing, is an arrangement between an employee and employer whereby certain items are paid for out of an employees pre-tax salary.Typical items include superannuation, cars, computers, electricity, etc.   Salary packaging acts as an extra incentive for employee attraction and retention. Essentially, it’s a little […]

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Day trading introduction: daytradingz.com

Success in Day Trading: Truly easy, or is that a myth?

This article was written by Alexander from daytradingz.com | Alexander started investing back in 1999 and his fascination with the financial markets is still strong today. He started his blog in 2016, sharing his experiences in short term investing as well as revealing insights about major vendors in this segment.   Success in day trading – […]

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Dumb white girl with money

Bitch, Please! 9 Times I’ve Been A Dumb White Girl With Money

As I alluded to in my Spendy McSpender post, before discovering the Financial Independence movement I could be pretty shitty with money.   Unfortunately, throughout my 20’s, it could be said, I was a bit of a Dumb White Girl with money. I didn’t value it as much as I should have; and I wasn’t as […]

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wealth maximisation tool box

What tools are in your wealth maximisation tool box?

Recently, I spoke about how the principles of negotiation are a great tool for your wealth maximisation tool box.   This begs the question… What is a wealth maximisation tool box? Good question, I say…   Wealth Maximisation Wealth maximisation is an accounting term primarily used in the context of stock price adjustment. Essentially, wealth […]

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Paying off my car loan debt

The Final Curtain Call For Our Car Loan Debt

Where it all began… On July 31 2015, my beloved and I took out a $25,000 variable interest rate car loan for a used SUV with 7000kms on the clock. Throughout its term, the interest on this loan varied between 9.95% and 10.39%.   As I’ve spoken about previously, my beloved and I really didn’t […]

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