Owen Rascovitch
👤 Speaker
1951
total appearances
Appearances Over Time
Podcast Appearances
Australian Finance Podcast
Financially Planning a Holiday
Because we try and be a bit more explicit with it.
Australian Finance Podcast
Financially Planning a Holiday
We kind of allocate 10% for it just to think like 10%.
Australian Finance Podcast
Financially Planning a Holiday
Your combined income.
Australian Finance Podcast
Financially Planning a Holiday
So we try and save, you know.
Australian Finance Podcast
Financially Planning a Holiday
20% of our wage.
Australian Finance Podcast
Financially Planning a Holiday
So save and invest 20%.
Australian Finance Podcast
Financially Planning a Holiday
And then an additional 10% is for holiday.
Australian Finance Podcast
Financially Planning a Holiday
So effectively we're saving 30%.
Australian Finance Podcast
Financially Planning a Holiday
Which is a lot of money, right?
Australian Finance Podcast
Financially Planning a Holiday
For some people, but it's all about keeping those other big costs down and driving a wedge between those, the costs and your, your income.
Australian Finance Podcast
Financially Planning a Holiday
Okay, so you've put away $1,000 a month.
Australian Finance Podcast
Financially Planning a Holiday
You said you've renamed the account, but was it a high interest savings account?
Australian Finance Podcast
Financially Planning a Holiday
I'm guessing you didn't invest it.
Australian Finance Podcast
Financially Planning a Holiday
It's the same question we get all the time.