Young Australians are ditching their plastic cards for seemingly less harmful buy now, pay later services. These services go by many names - Afterpay, ZipPay, and more - but they’re all the same red lipstick on a fat piggy. Photo by Fabian Blank on Unsplash Buy now, pay later services allow users to buy almost anything, paying it … Continue reading Afterpay: overspend now, suffer the consequences later
Month: November 2019
Interview with student financial councilor: Debbie Sagenschnitter (q&a audio)
Sometimes, the expectations of being a uni student in the twenty-first century can be overwhelming. We need to balance work, uni, social activities, and finances. A report by Universities Australia found that 58% of Australian University Students worry about their financial situation. Worse, 14% of students regularly go without food or basic necessities because they … Continue reading Interview with student financial councilor: Debbie Sagenschnitter (q&a audio)
Supernnuation: The Basics Explained
Superannuation or ‘super’ is money put aside during employment to fund retirement. This money is put into your nominated Super Fund and invested on your behalf with the aim of growing your nest egg. If you are over the age of 18 and earn more than $450 weekly, your employer typically must contribute 9.5% of your wage into your chosen … Continue reading Supernnuation: The Basics Explained
Ken Honda’s Happy Money – a refreshing approach to personal finance.
Did you know your money has an aurora? What if you could feel happy about paying $80 for that ‘necessary’ textbooks? Not convinced? Neither was I, until I read Ken Honda’s Happy Money. Happy Money isn’t your typical personal finance book. It’s a refreshing take on happiness and relationships with money. In a conversational tone, author … Continue reading Ken Honda’s Happy Money – a refreshing approach to personal finance.
What’s not-so-hot about the FIRE movement
I recently read an article about a young lawyer who makes close to $400k a year, but sports threadbear suits and lives off ramen. He’s part of the hot new money movement - FIRE. Photo by Kelly Sikkema on Unsplash FIRE - Financial Independence, Retire Early - calls itself a ‘lifestyle movement’ that inspires people to ‘Reach financial … Continue reading What’s not-so-hot about the FIRE movement
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