33. Thoughts For Young High Income Earners
Listen now
Description
 Young high income earners have a unique opportunity to build wealth and reach financial independence relatively quickly.  In this episode we discuss what they can do to make the most of their situation, and the traps to avoid. Discussion points... The most important thing to consider  (04:29)Making the most of your high income  (09:35)The challenges high income earners may face  (12:13)Dealing with expectations from other people  (16:34)Should high earners invest using complex structures?  (22:29)Self-employed workers chasing tax deductions  (26:57) Deciding how to invest as a high income earner  (30:26)Final thoughts  (41:01) Resources and stuff mentioned... How we track our investments:  SharesightPodcast:  Superannuation and Early RetirementPodcast:  Should You Pay Down Debt or Invest?Article:  Debt Recycling - The Ultimate Guide More from us... Pat's blog:  Life Long ShuffleDave's blog:  Strong Money AustraliaContact us with questions and feedback:  [email protected] 
More Episodes
In this episode, we discuss the crackdown on financial content by the regulator ASIC. We share our thoughts on these issues and how it affects what bloggers and podcasters are able to say to their audience.  The restrictions are so frustrating that we have decided to end the show. We've both...
Published 04/18/22
In this episode, we talk about the different taxes we face on our financial journeys.  We discuss taxes on our income and investments, different options for reducing tax, including tax deductions and negative gearing.  We also break down examples of what taxes look like when you're living off a...
Published 04/04/22
Published 04/04/22