Living the affordable dream

Article Abstract:

An Australian couple owns their own home and two cars; they take regular vacations and are able to send their oldest child to private school by living on a tight budget. The husband brings in $47,000 and another $10,000 tax free as part of his salary in the Army Reserve. Yet they have not saved for long term wealth accumulation.

Personal budgets

---

Schemers beware

Article Abstract:

The Australian Securities Commission (ASC) is warning investors to beware of unethical tax minimization scheme promoters. The ASC is warning people who put their money in high risk investments such as ostriches, tea-tree oil or films, of the high risk. Often their loss is greater that the tax bill the wish to avoid.

Economic aspects, Laws, regulations and rules, Investments, Tax shelters

---

Starting early on the retirement plan

Article Abstract:

People in their 30s are beginning to consider planning for their retirement. One 34-year-old is given advice on how to maximize a tax-efficient environment and accumulate capital. The young investor is told to focus his energies on repaying a non-deductible home loan while the interest rates are low.

Planning, Personal finance, Retirement planning

Similar abstracts:

• Abstracts: No hassles for under-65s. Rebates can enhance retirement income. 10 strategies for 2001
• Abstracts: Learning to move it around. Investing on the run. Meeting your match
• Abstracts: Living longer: The future. Living longer: Diet. Living longer: Science
• Abstracts: Smarter banking the key to fighting fees. Challenging times for planners. Paying by degrees
• Abstracts: A period of rapid transformation. Safety in these numbers. Five for the wish list

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.