Baubre.com

2022 Book Update

Baubre Murray — Sun, 10 Apr 2022 23:17:30 +0000

Updates to “Stop Worrying About Money: A simple guide to creating a financially sustainable future for you and your family”. As at 1 April 2022 Government Super: The amount of Government Super (Guaranteed Retirement Income) for a single person living alone after tax from 1 April 2022 is $463 (compared with $437 previously), an increase of $26 in the hand a week. Top Tax Rate: The top…

Source

Giving to Get

Baubre Murray — Thu, 26 Aug 2021 03:32:38 +0000

You’ve probably heard sayings like “The more you give the more you’ll get”, “Give and you’ll receive” etc. It’s not clear exactly how it works but it does seem to work. Most successful people like Bill Gates and Melinda French Gates are involved in philanthropy but you don’t need to be well off to make donations. If you’re in a position to save then you’re in a position to donate cash to those…

Source

Updates to Stop Worrying About Money

Baubre Murray — Mon, 24 May 2021 06:43:37 +0000

Updates as at 24 May 2021 Government Super: The amount of Government Super (Guaranteed Retirement Income) for a single person living alone after tax from 1 April 2021 is $437 (compared with $424 previously) , an increase of $13 in the hand a week. Top Tax Rate: The top marginal tax rate increased from 33% to 39% on income over $180,000 from 1 April 2021.

Source

Children, Money and the School Holidays

Baubre Murray — Tue, 20 Apr 2021 04:19:13 +0000

The school holidays provide a perfect opportunity to help your children to be financially responsible and independent. Here’s some ideas for things you can do: So, if you want to raise financially independent and capable children, be conscious about using positive language around money and give your children every…

Source

Is residential rental property still a good investment?

Baubre Murray — Tue, 06 Apr 2021 19:45:42 +0000

Given the proposed changes announced by the Government recently for residential property investment, is rental property still a good investment? Rental property has always been, and continues to be, a commercial decision. It’s a numbers game. If the rental income more than covers the costs then it should be a good investment. Forget about capital gain – this should just be a bonus (or an…

Source

The New Year and a New Financial You

Baubre Murray — Wed, 20 Jan 2021 02:46:08 +0000

Now is the best time to start your financial future and with the start of a new year you’re probably feeling refreshed enough to tackle such a project. Here are 5 things you can do now to help you reach your financial goals whether they’re to buy a home, fund your retirement or anything else you might want. The great thing is that these are simple things you can do that you probably won’t…

Source

Increasing your financial education

Baubre Murray — Wed, 25 Nov 2020 02:08:25 +0000

You don’t need to have any starting qualifications to improve your financial education. All you need is the will! And that won’t cost you anything. Financial education ranges from everything relating to understanding how interest and compounding interest works through to buying and selling on the futures market. Don’t get bogged down in the terminology. Investing involves a lot of…

Source

Raising Financially Capable Children

Baubre Murray — Tue, 03 Nov 2020 03:45:33 +0000

One of the most important things you can do for your children is to raise them as financially responsible and independent children. Start with the language you use around money. Make sure it is always positive and encourages them. Then provide opportunities for children to take responsibility for their financial situation. By all means give them pocket money or allowance from a young…

Source

Is a rental property a cost effective investment?

Baubre Murray — Tue, 13 Oct 2020 04:06:18 +0000

A rental property will be a good investment if the rental income immediately covers the costs and if the property has the potential for capital gain. Remember tax is payable on any capital gain on the sale if you sell the property within five years or if you’re in the business of selling or developing properties. So think of rental property as a long term prospect. As with most large…

Source

Pay off your mortgage or save?

Baubre Murray — Tue, 22 Sep 2020 03:03:14 +0000

Should you be paying off your mortgage as quickly as possible, and then starting on a savings plan, or should you be setting up a savings plan at the same time as paying off your mortgage? Different people will have different views on this and there is no right or wrong answer here – other than you should be doing something rather than spending! Having a large mortgage…

Source