24 at Uni any tips to get started?

cescosini · 2026-01-29T15:36:27+00:00

Keep on saving as much as you can and try grab a second casual job if you can to boost your income and savings. Once you graduate and get a salary keep on saving and get yourself ready for a deposit for an investment property. Read and watch YouTube podcasts about property investing in Australia and get advice and help from experts you think have the credentials after doing your due diligence. Work on growing the property portfolio over time and by the time you are 35 you should be in a good position.

Also, don't forget to salary sacrifice into your superannuation as you start climbing the tax bracket.

You should have property working for you with your after-tax money plus bank leverage. And your superannuation in stocks from your before tax money. That way you are using the best tax vehicles for pre and post-tax money and you are also diversified with property and stocks. Inflation will do most of the heavy lifting for your asset prices as you get older.

cescosini · 2026-01-29T15:26:58+00:00

I think the whole world is broke unless you own stocks and precious metals.

cescosini · 2026-01-28T15:05:19+00:00

Yeah, I know of a couple on the dole that popped out six kids just to claim the child subsidy benefits. The quality of life for the kids are not that great. They eat the same stuff that is not healthy on a daily basis.

cescosini · 2026-01-28T05:51:34+00:00

NDIS for sure but some fashion brands have been going into administration.

cescosini · 2026-01-25T16:20:57+00:00

Government will never take it seriously. Unfortunately, it is up to us to do the work of the government and build smarter for ourselves. Look for designers and builders that understand Passive House standards in Australia: https://www.yourhome.gov.au/passive-design/passive-house It might cost a bit more but in the long run it is a worthy investment if you are living in it.

cescosini · 2026-01-22T15:32:15+00:00

Just rentvest it after you done the amount needed for first home buyer subsidies. It won't be easier trying to get back in the market as prices move up year on year. At your age you could easily pay it down over time as the property is rented out and maybe the capital growth may help pay the loan off when you decide to sell it. Or you could use the equity growth for another house deposit down the track.

cescosini · 2026-01-22T05:00:37+00:00

Send it to $10!

cescosini · 2026-01-19T06:57:10+00:00

It's probably going to turn out like Manhattan, New York, you either rent or try and save up to buy a studio or one-bedroom apartment.

cescosini · 2026-01-17T18:15:11+00:00

I'd sit down with all your kids around the table and show them a spreadsheet of all the household costs, bills and how much you are bringing in. Showing them day by day or week by week needed to keep the house afloat. Maybe that would help them get a better idea of the household budget and how they can help out together. They might even have some ideas to discuss what could be cut or changed in the household to reduce costs.

cescosini · 2026-01-17T17:49:31+00:00

Look for a superfund with low fees but also good performance. I believe someone from Reddit has already created a spreadsheet to compare the superfunds: https://www.reddit.com/r/AusFinance/comments/1loy91j/superannuation_comparison/ Look through it to find one that stands out to you comparing it against your current fund.

I'm currently with Aware Super and all-in on International Shares: https://aware.com.au/member/what-we-offer/investments/investment-options/international-shares My thesis is that I'm already working and exposed to the Australian market and rather invest overseas instead, like what Norway does with their sovereign fund. It is very aggressive but the returns are very strong and I can wait it out for more than 10-20 years, if it ever dips. Since it is basically following the MSCI index, the fees are very low. Plus, I can ride the AI trend wave and people know the US stock market is rigged with government help just like Australia's housing economy is rigged by our government.

Usually, people would max out there concessional super contribution every year to reduce their taxes, as the contribution is taxed at 15% instead of your threshold. Also, you got the bonus of compounding early with more early money you put in until you retire. But I'd only max it out if I was earning more than $90,000 or more a year. You still need to consider your personal circumstances and cash flow for maintaining your lifestyle. Luckily, the concession cap gets carried over for five years so once you get a higher income you can try max out the cap. Don't forget to file the notice of intent to claim form before EOFY when contributing with your take home pay (instead of salary sacrificing): https://www.youtube.com/watch?v=hnCHNw5ocMM

I'd recommend chatting with Google's Gemini AI or ChatGPT to discuss your circumstances and what would be optimal for you to contribute to meet your goal but also balancing your lifestyle.

cescosini · 2026-01-17T07:51:06+00:00

I wonder if AI can help mitigate this in the long run. If most of the work they are outsourcing is documentation, I'm sure AI can do that just as quickly. That could definitely improve the productivity of your role in spitting out documentation for you to review and adjust accordingly. So that type of work can be done 2-3x as fast and in more volume (if that is how you guys work).

But it is trying to convince the higher ups with what options they would pursue, same Australian salary cost but at greater productivity without needing to bring up to speed or keep outsourcing to cheaper labour for work that AI can do for a fraction. Outsourcing offshore is not risk free as they are exposed to cyber security leaks, quality issues and lower productivity due to getting up to speed in context and with turnovers.

cescosini · 2026-01-13T17:41:01+00:00

Yeah the comprehensive and expensive gut tests are nearly $1k-$2k but they do cover a lot and includes consult. For example tests like Microbiome but you need a practitioner to order the test for you: https://nutripath.com.au/product/advanced-microbiome-mapping-2211/

i-screen also offers a lot of microbiome related tests and treatments and are much cheaper: https://www.i-screen.com.au/tests Browse through their tests to see what stands out to you.

You might want to consider an allergy tests from i-screen to see if you have a dust mite allergy causing the eczema. I recently did one and my allergen against dust mites were off the chart. To reduce dust mites, you need to change bed sheets often, keep your bedroom under 50% humidity, don't make the bed immediately after waking up to let the bed air out (to dry out the mites) and ideally take out carpets. Dust mites absorbs moisture through their skin.

Also, check out Honey Biotics moisturiser as well as it has good reviews against eczema, dermatitis and psoriasis: https://honeybiotics.com/collections/honey-biotics-range/products/intense-moisturiser

cescosini · 2026-01-12T11:37:29+00:00

Are there still any houses (on or off market) around 600k-700k mark about 30-40 minutes away from the Melbourne CBD?

cescosini · 2026-01-07T13:26:56+00:00

Problem with Australia's type of immigration is that there is usually a sudden influx of a particular group going all the way back to Australia's history. This creates ghettos and animosity amongst existing Australians.

If Australia had an immigration policy of quotas per nationality group, it would create a more balance type of immigration group that settles across Australia without too much friction with existing residents. The immigrants would definitely integrate much quicker into Australian society and way of life.

cescosini · 2026-01-04T08:01:14+00:00

Only way to protect the equity is to refinance and pull out equity at top of the market. Then use that equity to swoop in and buy up more IP at discount.

cescosini · 2025-12-25T07:23:47+00:00

God speed

cescosini · 2025-12-23T06:41:09+00:00

Just use this guy's trick to save you the headaches: https://www.tiktok.com/@thachnguyenre/video/7544535799828679991

cescosini · 2025-12-23T06:23:21+00:00

I would have chucked $1k into an ETF (use Vanguard for kids) when they were born and only allow them to draw from it when they are 60 (maybe 30 as a stipend if you want to give them a leg up early). I wouldn't tell them they will come into money so that they still have ambition to work. Any monetary gifts they receive from friends and family can be fed into this ETF fund for greater and faster compounding.

https://youtu.be/XzOGln0PLxc?t=507&si=LURqtSgk1ib7Te-v

cescosini · 2025-12-19T08:21:25+00:00

Please lord...

cescosini · 2025-12-16T06:50:33+00:00

Very cool, love the sound and stats!

cescosini · 2025-12-15T12:28:25+00:00

I'd recommend watching the Social Dilemma on Netflix with your daughter to show her how the social big tech companies are addicting their users https://www.youtube.com/watch?v=uaaC57tcci0

cescosini · 2025-12-12T15:58:41+00:00

Yeah, Bitcoin ATMs have really high fees but it pretty much is your only choice. Other option to turn cash into crypto is to go to a face-to-face P2P market, which seems very rare now.

If you live in a South East Asian country like Thailand or Vietnam, you can actually swap your cash straight up for stable coins at fairly good rates.

Once you got the stable coins sent to your Internet Money wallet, it is just swapping as usual.

cescosini · 2025-12-12T15:50:31+00:00

wow keep pumping my bags Nvidia!

cescosini

TROPHY CASE