Comment on Melbourne Chit-Chat Thread 🫨🫥😶‍🌫️ - Saturday, 7 December, 2024

Baku@aussie.zone ⁨2⁩ ⁨weeks⁩ ago

• Alamutjones@aussie.zone ⁨2⁩ ⁨weeks⁩ ago

  Look at the young gent, being all responsible!

  source
• melbaboutown@aussie.zone ⁨2⁩ ⁨weeks⁩ ago

  This is so good!

  The way I save is by having an auto deposit into a separate ‘high interest’ account every time I get paid, as modest amounts stack up and not seeing that money means it isn’t missed.

  source

  • Baku@aussie.zone ⁨2⁩ ⁨weeks⁩ ago

    I have a bit of a cheeky saving strategy - I pay 25% into tax, but don’t actually have enough money to need to pay tax. It’s kinda like an interest free, automatic, recurring, term deposit

    I was actually meant to open a fixed term at tax return time, but that’s when all the bads were happening, so I was kinda stressed (and a bit depressed), and through a series of very poor financial decisions, wasted the majority of it. It’s all worked out in the end, though. I timed it so the TD will end around tax return time, so I can lump that in with it and reinvest

    source

    • melbaboutown@aussie.zone ⁨2⁩ ⁨weeks⁩ ago

      All things considered you’re doing well. I struggled to manage money when I was younger and then learned

      source

      • Baku@aussie.zone ⁨2⁩ ⁨weeks⁩ ago

        Thanks.! My biggest trouble is being uncomfortable having money. Always grew up worrying about it, and then being worried it’d get stolen, so now if I have money I go into how fast can I spend this mode. That’s why I’m so fond of these fixed terms and things like voluntary tax deductions

        Should probably figure out how to fix that. Oh well. I’m sure I’ll work it out one day

        source

        • -> View More Comments