Salut! 🕖 7:00am (or whenever you’re reading this!)
It’s always a big week, so let’s get right into it. Dollhairs & Sense (dollars & cents!) is going to look like this:
📍Brief summary of what’s happened this week
📚Point of interest for the week (if applicable)
🙋Student questions for the week (probably a question you’ve wanted to ask yourself)
1️⃣One money thing you/we/me/I can do this week
Are you ready? 👇🏻
📍Since last time, in summary
We’re now past half way in 2024! How crazy is that!
Did you make $350 in a week last year? If you did there is 💰money waiting for you! Find out what you need to do below
VIC, QLD & WA are back to school. NSW, SA, TAS, ACT and NT are enjoying the last week of holidays
Next week is cross country time - we'll be heading to WA, VIC and NSW
📚POI (Point of Interest)
It’s now time to lodge your tax return for FY24. Your income should be now ‘tax ready’ from your employer
House prices have risen for the last 18 months in a row
Inflation numbers are out on Wednesday 31/7/24 and it could mean a rate rise depending on what the numbers say
🙋Questions Unlocked
🔐Q: “Can I move banks for a better interest rate?”
- Year 11 Student, NSW
🔓A: Yes! If you can find a better interest rate, take your money to the bank and earn as much money as possible. Don’t be scared to change banks just because you don’t currently bank with them.
1️⃣One money thing we can all do
If you haven’t already ➡️ check out previous Money Tasks which are all here with easy to access links!
For this week, Money Task #13: Lodge your tax return
With the new financial year now upon us, if you worked between 1st July 2023 - 30th June 2024 you will have a tax return to lodge.
This is the ONLY non-optional money job we all have to do every year
What do you you need to do?
Login to MyGov
Link the ATO to MyGov (if you haven’t already)
Lodge any outstanding tax returns on your ATO portal
Wait for the ATO to send you any money your owed (wooo!)