personal finance in australia

I recently created this offset account savings calculator in Excel, to analyse how I might repay my home loan sooner with different scenarios. It calculates the instalment schedule based on the loan amount, term in years and interest rate. It then allows you to run up to 3 different scenarios...

i made a post here long ago abt moving out out of abusive home but i still haven’t got the courage to do so and the rental crisis is crazy in australia. i still have the offer to move in w my mates family and contribute to the rent, but going thr some personal problems rn. i just wanted to ask...

Hi Everyone, I'm a fairly new investor and wanted a way I could track my portfolio locally but couldn't find a simple and free way of doing that automatically. I know some PowerShell and though I would just see what I could see and before I knew it I had a working module that I could...

Basically a recruiter reached out, hiring for a competitor at a more senior level (one level up from my current one). I have been asking for a title jump given the significant contributions i've made to the small team and firm, but to no avail (they just brushed it away). The competitor gave me...

Hello brainstrust, Need your help on how to diversify my portfolio. I’m 48m with a 5 y.o. Small biz owner for last 12 years. Super 29k hiSa- 250k Term deposit 20k Mortgage on Apartment left $1 Read that I should invest in vgs/vgad (But don’t know how to start, is it CMC?) Read from here...

Most people only talk about the glory of accumulating properties, the benefits of negative gearing, capital growth, leveraging the banks money etc no one really talks about the weekly emails from the property manager with noise complaints from the tenants neighbours, tenants selling illegal...

I've saved up money together with my partner for about 8 years now, I think we have enough cash in place to try and buy a house a proper house. The online how much we can afford calculators are usually pretty rubbish so I've been doing some research to see how much a bank's willing to lend me...

Hey everyone, Thought I’d ask for help here if anyone has gone through something like this before. I was watching pickles auctions yesterday and last night I received a bill for $15,000 for a van I didn’t bid on. I checked my account and it shows I haven’t bid on anything. Pickles T&C’s say...

Hey, I've currently got around 60k dollars that I've just got sitting in a savings account yielding 5.1%, but I can't help but feel like I'm mismanaging this amount of money at this age. I've always been a great saver, and I make about 20k/y at my part time job + tutoring, and study in a...

Hi Guys, I started with a simple spreadsheet to work out the after tax cost of owning an electric vehicle and just kept adding to it. Have a look and tell me what you would do to make it better. Are my Margin Investing section correct? SPREADSHEET

Anyone have any idea on what’s reasonable and what’s ridiculous? Currently my structure is the following and shows revenue and also accountant fees (keep in mind this excludes bookkeeping and BAS lodgements as they are done internally, this is purely tax planning, advice and tax lodging)...

Apologies for what may be a dumb question. But is it worth investing in American ETF's such as VOO, SPY and IVV. Are the fees of the currency conversion going to out weigh some potential gains? What are benefits and cons to investing in those funds from and Australian taxpayer stand point...

I want to be a Financial Planner, will be graduating at the end of this year with an accredited degree. I have 2 job offers but am unable to pick which would be better for my career progression. Company A - Job Role: Financial Planning Graduate Small firm - 1 x Managing Director (CFP), 1 x...

I purchased a 70's brick 2 bedroom apartment back in early 2018. Probably overpaid a bit (paid almost 700k) but it's in a great location in the inner south-east of Melbourne, with only six on the block and it's facing the street at the front. Managed to lock in 1.84% for the past two years...