In this episode, Dave and Hayden tackle two listener case studies. They dive into the emotional and practical trade-offs of selling vs holding property, renting, and transitioning wealth into shares.

Episode topics summary:

Introduction

Case Study 1: Escaping Mortgage Prison

The Numbers Behind Selling & Renting

Case Study 2: Switching from Property to Shares

Practical Scenarios for Transitioning Wealth

The Lump Sum Question

Final Thoughts

FI Case Study Request Form

Pearler

Strong Money Australia

Original Aussie FIRE e-book

Strong Money Australia’s audiobook

Disclaimer

Any 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-guide

If 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.

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-Up

FI Case Study Request Form

Pearler

Strong Money Australia

Original Aussie FIRE e-book

Strong Money Australia’s audiobook

Disclaimer

Any 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-guide

If 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.

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 Form

Pearler

Strong Money Australia

Original Aussie FIRE e-book

Strong Money Australia’s audiobook

Disclaimer

Any 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-guide

If 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.