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
Tag: Financial Literacy
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.
Budgeting explained
Around June every year, something wonderful happens. Our politicians gather and spend days arguing - huffy and red-faced - about how to spend money. You may roll your eyes at the thought of white, middle-aged men debating spreadsheets and numbers, but don't underestimate the significance of budgeting. Budgeting is essentially tracking income and expenses to … Continue reading Budgeting explained
Superannuation, 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 … Continue reading Superannuation, Explained
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