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Day: April 14, 2014

Debt can be a nasty four-letter word, but is it always bad?

You’re pulling my leg, right? You’re asking me, Debt Man, a Generation Xer, whether debt is evil? Debt, like greed and Miley Cyrus, get bad reputations in times of crisis. Thanks to Gordon Gekko and Wall Street, greed got it in the 1980s stockmarket crash. Debt copped it more recently with the Global Financial Crisis. […]

Super benefits after death

SUMMARY: Anti-detriment payment after death from your SMSF are a way of recouping tax paid for your beneficiaries. Taxation can be a funny thing. Some tax rules seem particularly unfair. Others … you are sometimes left to wonder how legislators dreamt up something so sensible and generous. The latter is the case with what’s known […]

Banks know they’re on a good thing: you

Fair time to be alive, ain’t it? Australia’s in reasonable shape. Technology is making life faster, longer and more fun. You want something, you go get it. Queen told us we can want it all and demand it now. We Generation Xers live that motto. If we don’t have the cash, credit’s a cinch. We […]