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Day: March 14, 2011

“What is your most expensive habit, and do you have any plans to kick it?”

Mmmm. Most expensive habit? What’s the definition of “most expensive”? The one that has cost you the most money? Or the guilty pleasure that derives no economic benefit. Kids? We’ve only collected two, DebtBoy and DebtGirl. Creche fees, nappies, DVDs, clothes, toys, child-raising paraphernalia … The boy is nearly four and hasn’t even played his […]

“I like to control all of my investments, so should I start a self-managed superannuation fund?”

Whoa-boy! Steady up Xers! You’re trying to move faster than Charlie Sheen when he’s “on the drug Charlie Sheen”. Answer these important questions first. Do you have a minimum of $200,000 in super? Are you great (not just good) with paperwork? Can you stick to a plan, or calmly but quickly adjust your plan, when […]