Budget Archive

Is Your Business Making A Profit?

You would assume that business owners would understand the finances of their businesses intimately and know exactly how much profit (or losses) they are generating, but it’s not always the case

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What is the best way to invest $10,000

How would you invest $10,000 if you had that much money lying around? What a great problem to be stuck with, right? However, if you have never really been into investing before, or you have never had more than a few hundred or even a few thousand dollars to invest previously, the thought of investing

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End of Financial Year Time

Us Aussies have our financial year ending on the 30th of June, just over 1 month away (it’s a weird time to have it don’t you think?). So what’s that mean and why should you care

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Getting Your Car Washed and Cleaned By A Professional

Many of the people I associate with know that I am pretty conservative when it comes to managing my money. I hate wasting it, and I try to equate every single purchase I make into a percentage of my overall after tax income each year (it helps me understand how big of an expense something

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Are You Prepared For the Unexpected

Something that is regularly promoted in the personal finance space when it comes to paying for the unexpected is having an emergency fund – and it’s a great idea. However, sometimes an emergency fund either isn’t enough, or you might find yourself in a position where you have had multiple things happen within a short

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Getting Serious About Your Finances

Today I am taking part in the 2015 Financial Literacy Awareness Carnival – something that Shannon has been running for a coupe of years now, and something that I feel honored to be invited to participate in

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The Building Cost No One Thinks About

Building houses isn’t cheap, in fact, it’s downright expensive, and one cost that most people never seem to think about is the existing living expenses coupled with new interest payments which are payable as soon as you draw down on your loan facility

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Can a Financial Social Worker Help You Sort Out Your Finances?

A financial social worker is a social worker with additional training in debt, credit, and financial counseling. Some social workers with this additional certification work with people in poverty to help them tackle basic financial issues and, ideally, to improve their situations. Financial social workers may also work in private practice, helping individuals or couples

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Building Wealth over Time

Many people have the wrong idea about what it takes to become wealthy. Some believe wealth only occurs if you are lucky enough to get in on the ground floor of an Apple or Microsoft company. Others believe that you can only become wealthy through high paying careers. However, there are a significant number of

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Measuring Expenses as a Percentage of Your Income

Something I have found myself doing more and more recently, has been to measure my expenses as a percentage of my total after tax income. That might not make a whole lot of sense to everyone, so i’ll give you an example to help clarify what I mean

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5 Financial Tips for 30 Somethings

Your thirties is when your income really starts to take off – you’re over your first ‘entry level’ job roles and are now really starting to make your mark career and salary-wise. This is why it’s a good time to get a little more focused on your finances, if you haven’t already. Some people in

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Where the money goes

It’s amazing how once you start tracking your expenses you start to realise just how much money you spend on things. If you would have asked me 3 months ago if I was good at saving I would have given you an emphatic yes, but I would have had no proof to back it up

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