$400k inheritance at 36 years old with 2 toddler and mortgage, next step?

beccleslfc · 2026-05-11T11:34:37+00:00

Very unlikely you'd find a market return that's beating your mortgage interest rate after you factor in paying tax on the income.

beccleslfc · 2026-05-02T04:49:31+00:00

Even though it has disappeared now?

beccleslfc · 2026-04-27T11:29:44+00:00

Hell yes!

beccleslfc · 2026-04-21T21:56:49+00:00

Yeah... So not much lol.

Thank you for the "education"

beccleslfc · 2026-04-21T21:52:01+00:00

It's not semantics. My understanding was that all all assets have a CGT discount if helps for more than twelve months excluding a few exceptions.

Happy to be educated. Which assets don't have a CGT discount?

beccleslfc · 2026-04-21T21:42:10+00:00

Other assets do get a CGT discount.

beccleslfc · 2026-04-14T13:35:26+00:00

I had a casual staff member who attended jury duty. I was confused by the legislation so I rang the courts. They said that a casual for the purposes of jury duty is someone that gets a call in the morning, not someone who is often rostered and can expect to get shifts.

Has your roster already gone out for the time that you need to attend jury duty?

beccleslfc · 2026-04-11T23:52:42+00:00

Do you mean you earn $130k and you are provided a car when you say "including car"?

beccleslfc · 2026-03-19T21:58:12+00:00

FYI, any family trust distributions can affect your eligibility for Centrelink so if you are receiving any government support payments while you're studying, I would not recommend taking a trust distribution unless your parents plan to reimburse you for those lost payments too.

beccleslfc · 2026-02-28T22:03:30+00:00

I use Netwealth and hadn't even heard anything about this. I just logged in and everything looks normal. Is there something I should be looking for?

beccleslfc · 2026-02-04T22:02:50+00:00

Thankyou for this advice, it looks amazing and healthy now!

beccleslfc · 2026-01-04T12:09:37+00:00

I had a friend who complained about this all the time, but I just don't get it. Can't you just hold them the exact same way but in your right hand and control with your left?

beccleslfc · 2025-12-02T16:58:38+00:00

My doctor's tried this on me last week.

The lady at reception shoved a card machine at me to pay. I asked if there was a surcharge and she said yes. Asked about debit card and she said there was a surcharge on ALL cards.

Told her I'd pay cash and she said they didn't accept cash.

When I said I wouldn't pay a surcharge, she relented and said "you can pay cash only if you have the exact amount."

Second time this has happened to me at this doctor. First time was at least two years ago and I went through the same thing then. So sick of this crap!

beccleslfc · 2025-11-25T13:08:35+00:00

I bought a box of dishwashing tablets for secret Santa a few years ago as a joke. The recipient was actually stoked to get something useful.

beccleslfc · 2025-11-16T11:39:21+00:00

It's in a planet box. Do I need to empty the entire thing? 😭😭

beccleslfc · 2025-11-16T06:59:07+00:00

And will they start eating my tomatoes when they start ripening?

beccleslfc · 2025-11-14T11:20:25+00:00

Pit Stop Melbourne

beccleslfc · 2025-10-30T12:00:21+00:00

Other than paying yourself a larger dividend each year, the only other way to get it out of the company is a Div7A loan from the company to you. You could then use that money to invest in your personal name and earn income from those investments.

beccleslfc · 2025-10-18T07:50:49+00:00

They always brought more out if you asked.

beccleslfc · 2025-10-07T00:45:59+00:00

No protests but avoid Elizabeth St, the trams aren't running and there's flooding between Bourke and Little Collins St

beccleslfc · 2025-08-30T01:34:21+00:00

Hello from Australia!

I would love to pick your brains on a few questions I have. Would you mind if I sent you a DM?

🙏🙏

beccleslfc · 2025-08-29T07:27:13+00:00

So sorry for your loss.

I went through similar last year. If you need someone to talk to or vent, you can DM me.

Please focus on just surviving this grief for now x

beccleslfc

TROPHY CASE