Posts by Success Tax Professionals
Do not cosign a loan
A cosigner agrees to be responsible for a loan. Creditors can claim the debt directly from you. The person you cosign for has no liability.
Read MoreAutomate your savings
Putting your personal finance on autopilot can help you achieve your long and short-term financial goals.
Read MoreTriple check your insurance
Insurance is an ongoing expense that must be justified. Triple check the fine print every year to ensure that you are covered.
Read MoreUpskill while employed
Don’t wait until your out of work to upskill. Speak to your current employer about paying for you to upskill right now.
Read MoreGet free unmotivated advice from a financial counsellor
Financial counsellors offer free confidential financial advice and support through community, government, and legal centres.
Read MorePay off your student loan
Pay off your student loan as soon as you can. The sooner you pay your debt, the less you will pay through indexation.
Read MoreTracking your spending is the first step to financial control
The first thing we must do to take control of our personal finances is to find our how much we spend each month and on what.
Read MoreThe rise of MyTax and the fall of tax agents
For the first five months of the 2020/21 financial year, tax agent prepared returns have fallen 13% (compared to last year).
Read MoreHow to setup an emergency fund
It is important as part of your monthly savings strategy to set aside a specific amount to build up an emergency fund.
Read MoreBuild wealth with compound interest
Compound interest is defined as interest on a loan or deposit calculated based on both the initial principal and the accumulated interest.
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