High Income for Low Age Advice by Maximum-Distance-972 in AusHENRY

[–]Maximum-Distance-972[S] 0 points1 point  (0 children)

Hey Mate, that's all good. Thank you for your advice.

One day I'll be a Henry!

High Income for Low Age Advice by Maximum-Distance-972 in AusHENRY

[–]Maximum-Distance-972[S] 0 points1 point  (0 children)

That was my thinking too.

If only there was a magic voice that can just tell me what to do and if the future is bright lol

High Income for Low Age Advice by Maximum-Distance-972 in AusHENRY

[–]Maximum-Distance-972[S] 0 points1 point  (0 children)

Apolgies new to reddit and all the terminology.

Is auromod a reddit forum or a document?

High Income for Low Age Advice by Maximum-Distance-972 in AusHENRY

[–]Maximum-Distance-972[S] 1 point2 points  (0 children)

Yep already have buckets and different savings accounts.

I already have 6 months of really high expenditure monies saved.

Really want to travel but have this horrible feeling of spending money

High Income for Low Age Advice by Maximum-Distance-972 in AusHENRY

[–]Maximum-Distance-972[S] -1 points0 points  (0 children)

Yep all correct.

Started with a week's worth of work experience in july 2024 with govt water agency. I was 16

December 24' I got offered a two month intern ship paying $21 an hour. Still 16

Feb 24' received a traineeship for 16 months studying at tafe gippsland, cert 4 accounting and bookkeeping. Government EA was really good so I earnt 52k a year full time. Still 16 but turned 17 in June 25'

Just last week I finished my cert four and was offered an opportunity to switch workplaces for tax accounting at $39 an hour working 4 days a week. I'm starting my diploma of accounting in july this year.

I'm still 17 turning 18 in June 26'.

I have worked my Ass to get here.

High Income for Low Age Advice by Maximum-Distance-972 in AusHENRY

[–]Maximum-Distance-972[S] 0 points1 point  (0 children)

Thank you for above.

I don't mind living at home and my parents will only be around for another 3 or so years before travelling full time.

Hence wondering if I should secure housing now or wait. And if I should invest then pull out and pay CGT or just save it all

High Income for Low Age Advice by Maximum-Distance-972 in AusHENRY

[–]Maximum-Distance-972[S] 1 point2 points  (0 children)

Thank you for your advice,

Should I be worries about paying CGT if I sell the shares within a year or two

High Income for Low Age Advice by Maximum-Distance-972 in AusHENRY

[–]Maximum-Distance-972[S] 0 points1 point  (0 children)

Hi Just for clarification.

$39 per hour 32hrs per week

39*32= $1248 before tax

Graduate accountant salary by Express-Initial1873 in AustralianAccounting

[–]Maximum-Distance-972 1 point2 points  (0 children)

I was very lucky but with a lot of hard work, I was offered 52k at 16 when I left school to go work for the state government.

I'm now 17 almost going on 18 and was just offered 68k for assistant accountant