Weddings have always been special occasions worth celebrating in style. The tradition remains, and modern weddings are an opportunity for the bride and groom to shine. However, getting married is a huge step, and planning the event is a complex undertaking deserving a lot of consideration. The cost of a wedding can be overwhelming for couples who haven’t saved up for the big day, with dress, venue, catering, cars etc. all biting hard into the budget. A wedding loan could be the answer.
If you are considering a move overseas, then there are numerous financial and tax implications you will need to consider. However most of these implications are linked to one question you need to answer : Are you a resident or non-resident for Australian tax purposes?
Many people incorrectly believe that just because they move overseas, that they are automatically non-residents for Australian tax purposes. The Australian Tax Office takes a different point of view, and requires you to satisfy a number of tests before it will consider you to be a non-resident for Australian tax purposes.
Compensation for this post was provided by OzForex Limited ABN 65 092 375 703 (trading as OFX). Opinions expressed here are my own.
Destination weddings have grown in popularity and are no longer just for the fortunate few. People travel more than ever, airfares are great value and the overseas destination could even be closer to home for some relatives. With the right advice and sound money management, planning a destination wedding becomes a very real possibility.
In a world governed by finances, it’s often all too obvious that we need to make our own money work harder for us. Everyone likes to get the best possible interest rate or return on investments, with hard earned money tucked safely away. However, we also need to spend money, and anything saved at the point of transaction will reap rewards later on.
All of us have the capacity to reap at least some gain from a rewards credit card. First, we need to understand the name and nature of the card. Rewards are gained over time, with good financial management, while the card is used for as many transactions as possible. A large number of Australians earn and spend sufficiently to justify owning a rewards credit card. At this point we need to be warned that any card payment default or late payment will incur a fee or other penalties that will nullify rewards earnings.
Australians are keen to get the best return on their money. Many of us are enticed by the incentives of reward credit cards offering cash back, frequent flyer miles or points that can be dedicated toward purchases. Coupled with good money management, a rewards credit card will pay dividends. However, in the hands of a whimsical spendthrift the card can become a further drain on financial resources.
It doesn’t matter whether you’re a freelancer or working full time – it’s never a bad idea to be money savvy and to explore additional income streams. Thanks to the digital age, there is now an influx of money-making opportunities available online. Often, all you need is a laptop and a trusty Internet connection to get the job done.
Love the sound of this but not sure where to start looking? Here are 5 ways to supplement your income from home.
Free tertiary education is an ideal that promotes societal equality, and is especially attractive to students from lower socio-economic backgrounds. As a nation, Australia relies on human capital that generates wealth and improves the overall standard of living for everyone. However, in reality there is no such thing as ‘free’ education as the funding to maintain huge universities has to come from somewhere. This leads to the actual question. Should the government (taxpayer) or student foot the bill for higher education?
Compensation for this post was provided by Firths Compensation Lawyers. Opinions expressed here are my own.
There is a common conception that bullying is something that only goes on in the school yard. Unfortunately, the tactic of domination by fear, intimidation or physical abuse often carries on into adult years, and is increasingly found in the workplace. Regardless of where the blame rests, bullying in all its ugliness is unacceptable, and perpetrators are accountable for their actions. There are Australian laws in place to deter bullying and compensate victims.
The automotive market’s performance is not closely related to personal finance, unless you’re planning to buy a car or work in this industry. My article tries to summarise the latest statistical repots.
Based on the monthly and yearly comparison reports of the Federal Chamber of Automotive Industries (FCAI), car dealers are having a tough time in Australia, especially in WA. The national year-to-date (YTD) average declines in vehicle sales was -2.5% in August 2014. Western Australia is leading this negative list with -8.3%, followed by Tasmania and Queensland with -7.1% and -5.4%, respectively.
Purchasing a car is a little like playing poker. The dealer won’t reveal all his aces at once, and neither should you. Negotiating the best price is a matter of balancing your requirements against the dealer selling points. Make sure you keep a few aces up your sleeve for negotiation, and only make your final offer when you are exactly sure what you are paying for.
A savvy customer will be mentally prepared and sharp prior to setting foot inside the automobile showroom. Sales is psychology in action, and car dealers are experienced analysts looking to find a way to steer negotiations to a profitable conclusion. By utilising a few strategies you can control the negotiation from start to finish.