Australian Property Show

#64 - The 'Oh-Sh*t Tax' You Must Avoid Paying in Your 40s & 50s, The Unbelievable Rewards of Getting Investing, and How To Get Started


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This episode of the Australian Property Show may be short and sharp, but it's one that I hope gets you thinking about something.


Which is the cost of inaction and the rewards of doing the opposite.


Each year I sit down and do a bit of a self-assessment of where I'm at. If you haven't done this I strongly encourage you to


Throughout the episode, I share why this can be a really powerful exercise.


The main goal? To assess whether or not you're where you want to be in key areas of your life.


The objective isn't to write a short novel analysing your every move, misstep, or achievement.


It's about taking a look in the mirror and determining what steps you need to take to change those areas or things you're not currently satisfied with.


I've been doing this for the past 10 years, but what I've noticed recently is it's something most people only do once or twice, and they do it without even knowing it.


And it's normally the result of having an O-Shit moment when they hit a major birthday milestone - like turning 40 or 50.


I discuss why this is such an incredibly common situation people find themselves in, and what you can do to avoid it altogether.


Thanks for tuning in and please enjoy this episode of The Australian Property Show.


Links mentioned in the show:

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General Advice Warning!

The information (including taxation) contained in this podcast is general in nature and does not consider your individual financial circumstances or needs. You should not act on the information provided without first obtaining professional advice specific to your circumstances. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. The views expressed in this podcast are solely those of the individual; they are not reflective or indicative of My Money Sorted position and are not to be attributed to Online Financial Planning Australia Pty Ltd. The host is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. This podcast cannot be reproduced in any form without the express written consent of My Money Sorted.

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Australian Property ShowBy Tom Haigh - Property and Investing - powered by My Money Sorted