Yes, they do! An associate lease arrangement is a great way to turn that highly depreciating asset on your driveway to an income producing machine. Use that depreciation to your advantage by salary packaging an associate lease arrangement.
Earning a six-figure salary assumes you earn a gross amount of at least $100,000 before tax is withheld by your employer. Generally when people are asked the question “How much do you earn?” the answer may come back as something like: “I’m on a low six-figure salary” – which would imply the person is earning… Continue reading How Much Is 6 Figures Really?
If you want to get started investing in the ASX market by trading popular ETFs and stocks then Superhero provides an easy and low-cost way to get involved.
CommSec Pocket makes investing into the ASX’s popular ETFs easy, repeatable and cheap. If you’re looking to get into the ETF market and want to dip your toe into the market by regularly (or ad-hoc) investing money into the top ETF’s trading on the ASX then look at CommSec Pocket as a platform. How Much… Continue reading CommSec Pocket Review
With so many options available to salary sacrifice it can be difficult knowing what to include in your salary package. And with certain employer types having a cap on the amount to salary package before paying the full FBT tax rate, it can be difficult to determine which option is best to salary sacrifice. Option… Continue reading Best Salary Sacrifice Options
An offset account is generally a transaction account whose balance reduces the loan balance. For example, if a home loan balance is currently at a balance of $300,000 and you have an offset bank account which contains a balance of $20,000 then the bank when calculating the interest charge will do so based on a… Continue reading Does An Offset Account Reduce Monthly Repayments?
If you want to invest in ETFs on the Australian stock market what are your options, and what is the cheapest way to invest? Currently there are 3 very easy ways to invest in ETFs listed on the ASX that are different from the standard way of investing through your traditional Australian online broker (i.e.… Continue reading What Is The Cheapest Way To Invest In ETFs On ASX?
Bitcoin continues to power through to new levels, now seeing itself with a market capitalisation of US$1 trillion – an eighth of the market capitalisation of gold! But with all the hoo-ha that has surrounded its meteoric rise and how some popular companies, such as Tesla, have invested in it with over a billion dollars,… Continue reading What If GameStop Declares They’ve Invested In Bitcoin?
If you’ve been around the personal finance world long enough you would have inevitably bumped into an American named Dave Ramsey. He currently hosts Dave Ramsey Show on YouTube and he teaches people how to become wealthy by saving, getting out of debt and investing. He’s been doing this for over 25 years and has… Continue reading Do The Dave Ramsey Baby Steps Actually Work For Australians?
So you may have heard 1 Bitcoin has neared US$50,000! With Elon Musk investing US$1.5 billion, Apple and MasterCard rumoured to get in on the bandwagon you’d like to be a part of the action, but just don’t want to fork out $US50,000. Well thankfully there’s a very handy way you can get started and… Continue reading How To Invest In Bitcoin From Australia Cheaply