Smart Money Weekly; ATO tax fraud scheme, best performing ETFs, payrise vs budgeting, and property records
Hey team,
Happy Sunday.
Check out our top money tips of the week here.?
Tax hack of the week
New ATO tax fraud scheme There’s a new ato fraud scheme going around the socials that gets you thousands of dollars extra back in your tax return - but a lot of people are headed for serious trouble.
Investing hack of the week
Five best performing ETFs The best performing ETF investments in FY23 unpacked, and a couple of the names might surprise you.
Saving tip of the week
Getting a payrise beats budgeting There’s a limit to how much you can budget and cut your spending, but there’s no limit to how much you can increase your income - why getting a payrise is so important.
Property tip of the week
Australian property values crack $10 trillion Australian investment property values have just breached over $10 trillion with the recent property market recovery gaining speed.
Client story of the week
Early 40s, income $550k, saving $10k/m, assets $2m, upside $2m How to make the most of a strong, financial foundation to take your Investing and Wealth Building to the next level WHILE SAVING A BUNCH OF TAX ALONG THE WAY.
Money hack of the week
Why you ned debt to get rich Why you need debt if you want to get rich investing.
Upcoming events:
Free online money education to help you invest smarter and create a life not limited by money:
领英推荐
Podcast drop
Learn the tips, hacks, and strategies to help you level up your money game. Last week’s podcast here:?
In the News
It’s a controversial topic – especially during a housing shortage crisis – but this tax trick could save you a lot of money.
To your success,
Ben
PS – Whenever you’re ready, I want to help get more money in the best way for YOU. There are six ways we can do this together:
1. BOOK >> Replace Your Salary by Investing: Your start-to-finish game plan to save more, invest smarter, and maximise your money. Get it on Amazon | Booktopia
2. Smart Money Accelerator: Our money coaching and training service that helps you build a second income investing faster and unlock your financial potential. Join here
3. Personalised financial advice: If you want a customised plan to get more out of the money you have today AND the support to rapidly turn it into results, 1-1 advice might be for you. Book a call to learn how this can help you here .?
4. Live online events: We put on free money education events to help you level up your money. Upcoming events here .
5. The Mo Money Podcast: Free money education delivered weekly on what’s happening in markets and the things you need to know to make smarter money moves. Listen on Apple | Spotify | Stitcher | Podbean
6. Free money education on our socials: We put out daily content to help you level up your money game, get around it on TikTok | Linkedin | Youtube | Facebook | Instagram
Disclaimer: I know you’re smarter than someone that would need me to write the words that come next, but our compliance peeps are real hard-asses so here we go... This information is not personal advice, secrets from the upside down, or lyrics to the lost Doors back catalogue. It may only be regarded as general advice, and arguably shouldn’t be considered advice at all given it’s just an email we sent to a bunch of people linking to a heap of TikTok videos. Your personal objectives, needs or financial situation have not been considered when preparing this, but I want you to know I have spent a lot of time thinking about how to get a two year old to eat her noodles without fussing, how to stop my cat from waking me in the middle of the night for a back rub, and whether the cone of silence from Get Smart is a venture with solid commercial prospects - if your interests align here please let me know because I’d love to compare notes. You should consider the appropriateness of any general advice we have given you, having regard to your own objectives, financial situation and needs, and if necessary, seek advice before acting on it. You should also consider reducing your gluten intake, maintaining your mobility into your 30’s and beyond, and the fact George Street trams are deceptively quiet until they get close enough to scare the bejesus out of you with their horn. Where information relates to a financial product, you should obtain and consider the relevant product disclosure statement before making any decision to purchase that financial product. Where the information relates to where you can find the spicy thai chilli sriracha, you should consider stocking up before the next supply shortage. Worth noting also that past performance is not a reliable indicator of future performance when it comes to investments, and definitely not when it comes to small children. Financial services guide