Not long ago we covered the basics of getting your business idea off the ground. If you’ve managed to get that far with your business, that’s fantastic! As a business owner myself, I’m very aware that cash is king. Without good money management practices in business, you can very quickly send yourself down the drain. So here are four of … Read More
Four to-do’s when starting your own business
So you’re thinking of starting a business? Good for you! Whether your vision is a full-scale bricks and mortar establishment, or a small work-from-home business or side-hustle, there are a few things that you should do right off the bat. Firstly, hit the Australian Securities and Investment Commission (ASIC) website to register your preferred business name. While you’re there, the … Read More
Think it doesn’t matter when you pay your bills? Think again
No doubt, at some point in your life you would have heard the terms ‘credit score’ or ‘credit report’ – and unfortunately you most often hear about these things at the precise moment you find out your score or report is a “bad” one. Not helpful! Well, here’s a new reason you may hear those terms: the government is mandating … Read More
Emergency savings? Check. Now what?
“Hi Tash, I often hear that I should have an emergency fund which could be three months to a year of my expenses. Does that mean when I have more than this I should be spending, or investing, the money?” Well, most people tend to want to dive in head-first into investing (or spending!) their money, without really having a … Read More
The rules of saving
There are a few questions that I get asked very frequently. How are you? How’s your little boy? What’s the weather like in Canberra? And what percentage of my income should be going into savings? I get it a lot! And I put it down to the endless rules of thumb that are being exchanged at Sunday barbeques around the … Read More
What comes first, the HECS debt or the mortgage?
Hi Tash, I’m wondering what the best thing is to do, prioritise buying a house or pay back my HECS debt first? Is being completely debt free better than having a HECS debt and a mortgage? Or is HECS not something I need to worry about paying back so quickly? Great question! First of all, HECS-HELP is essentially a government … Read More
Women are awesome, and yet…
Women. Are. Awesome. In case you need it, here’s proof. On top of it all, we work, cook, clean, shop, chauffeur, pay bills – often all simultaneously. You do it, I do it, together we kick some serious butt! Unfortunately, despite how awesome women are… we still tend to pass the buck on important money matters. Divorce, which is becoming … Read More
I’m a single parent, will I ever own a house?
Tash, I feel gypped! I built a house with an ex a few years ago, using my first home buyers grant and he ended up with the house. Now five years later I have full time job and I’m a single parent and it’s a lot harder getting a house the second time around. Do you have any tips to … Read More
New or used? Don’t miss this important step in your research!
This week we tackle another common dilemma, this time on the subject of cars! Hi Tash – I hope you can help! My car is plagued with issues and is a total money drain, not to mention it also has a loan attached to it! I’m currently working on clearing a smaller loan which has an interest free period until … Read More
The cents-ible way to spend your tax return!
It’s tax time! This time of year many of us are eagerly anticipating our tax refund and already planning how to spend it. Ok, so you can if you want, but before you do, I suggest having a read through some of the more sensible ways to use your tax return. Of course, your spending ability will depend on the … Read More