She's On The MoneyWhat if I told you that you could be missing out on thousands of dollars a year, simply because nobody explained a benefit you were already entitled to? And no, I'm not talking about getting a pay rise.
We're talking salary packaging. And if you work in healthcare, education or the not-for-profit sector, this is one money conversation you really don't want to miss.
Because while you're busy working hard, paying your bills and wondering how to make your money stretch a little further, there could be some pretty generous tax concessions sitting right under your nose. We're talking potential savings on everyday expenses like your rent, mortgage, bills and even meals out. Things you're probably already paying for anyway.
So why aren't more people taking advantage of them?
We're breaking down how salary packaging actually works, who's eligible, the benefits you might be overlooking and the little catches you need to know about before signing up. Plus, how to get started without needing a finance degree or spending your entire weekend deciphering ATO jargon.
Because working hard for your money is one thing. Making sure you're keeping as much of it as possible? That's where things get interesting.
PAY IT DOWN: Here’s a playlist dedicated to the art of paying down debt https://open.spotify.com/playlist/02sw2NObvt18jd0ayvIHn3?si=qOdbgLrBS3STvMzELWiAqg
PERVE ON OTHER PEOPLE’S DEBT: Learn how much credit card debt other Aussies actually have by searching ‘debt’ on the blog: www.shesonthemoney.com/blog
CONTACT THE NATIONAL DEBT HELPLINE: Visit the National Debt Helpline at ndh.org.au/financial-counselling/what-is-financial-counselling/ for free, confidential, and independent support for getting out of debt, gang.
New here? Follow us on Instagram (@shesonthemoneyaus) for Q&As, bite-sized advice, daily money inspo... and relatable money memes that just get you.
Acknowledgement of Country By Nartarsha Bamblett (nartarshabamblett.com.au)
The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 4451289.
