46. Q&A: Employee share schemes, LICs, and mental accounting
In this Q&A episode, Dave and Hayden unpack three listener questions:Should you hold or sell employee share scheme stock?Are LICs still a smart choice, or have ETFs taken over?How mental accounting tricks us into bad money decisions.Timecodes:(00:00) Intro(02:30) Employee Share Schemes(07:06) Tax & Concentration Risk(09:37) The “Would You Invest Cash?” Test(13:09) FOMO & Mental Accounting(18:10) LICs vs ETFs(34:07) Mental Accounting & Debt Recycling(42:40) Everyday Money Mind Games(48:27) Hayden’s Investing Slip-Up(54:48) Wrap-UpFI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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45. From super to surcharges: tax strategies you should know about
In this episode, Dave and Hayden continue their discussion on tax, covering practical tips and personal experiences. They explore the First Home Super Saver Scheme, private health insurance to avoid the Medicare levy surcharge, and novated leases for electric vehicles. They also chat about common tax misconceptions, and offer insights into long-term tax planning. Packed with examples and advice, this episode helps listeners think strategically about reducing their tax burden without falling into common traps.(01:03) Recap of the previous episode on big tax strategies; introduction to smaller strategies.(02:01) Deep dive into the First Home Super Saver Scheme — eligibility, benefits, and pitfalls.(05:06) Understanding the tax benefits of voluntary super contributions for first home purchases.(10:16) Nuances of government interest rates and predictable growth in the scheme.(16:10) Private health insurance: avoiding the Medicare levy surcharge.(23:02) Why many high-income earners should consider basic private health cover.(26:45) Novated leases for electric vehicles — how they work and who benefits most.(30:41) The impact of interest rates and tax savings on novated leases.(36:36) Smaller deductions: work from home, subscriptions, and everyday expenses.(40:03) Investment-related deductions, including internet, phone, and software.(53:27) Common tax mistakes and misconceptions to avoid.(01:02:04) Episode recap and closing remarks.FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
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44. Tax strategies we actually use (and would consider)
Nobody loves paying tax – but how much time should you really spend trying to avoid it?In this episode, Dave and Hayden share their personal approaches to tax minimisation – including what they’ve done in the past, what they’re doing now, and a few things they might explore in future. From debt recycling to ETF selection, super contributions to future trust structures, this episode isn’t about dodging tax – it’s about making smarter choices that leave more money in your pocket to build wealth faster.Of course, they're not tax experts, and they’re the first to admit it. So don’t expect a masterclass in tax law – just a candid conversation on strategies that have worked for them (and maybe a few they’re still unsure about).Enjoy the episode!FI Case Study Request FormPearlerStrong Money AustraliaOriginal Aussie FIRE e-bookStrong Money Australia’s audiobookDisclaimerAny advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guideIf you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding. Hosted on Acast. See acast.com/privacy for more information.
O Aussie FIRE | Financial Independence Retire Early
The Aussie FIRE podcast is the ultimate guide to Financial Independence for Australians. Having started life as an e-book, then an audiobook, it's now reached its final form: a podcast that will keep on giving.The Aussie FIRE audiobook is brought to you by Pearler, Australia's favourite long-term investing community; and Dave Gow, the brains behind Strong Money Australia. Each episode explores a different aspect of Financial Independence, so stay tuned for new releases!https://pearler.comhttps://strongmoneyaustralia.com/DISCLAIMER: We’re big fans of sharing experiences and talking about money. However, please note that any advice is general, and does not consider your financial situation, needs, or objectives.Consider whether it's appropriate for you, and if in doubt, speak to a licensed financial adviser. Hosted on Acast. See acast.com/privacy for more information.
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