Phoebe Blamey
speaker
357 appearances
1 recordings
1 series
first heard Apr 2022
last heard Apr 2022
Phoebe Blamey’s voice in public audio — every appearance, attributed to the second.
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Appearances
A way to save for your first home.
Not a bad way.
Do you have to let your super fund know if you're planning on doing this?
You let your super fund know and they let the ATO know or you let the ATO know.
Okay.
um you've got to give them plenty of notice you can take the money out when you're when you're looking for the home so i've had clients that have taken the money out when they're looking for the home and you've got 12 months to either buy a home or put the money back in okay okay so you've got a bit of a time frame there if you do take that money out and they're very strict on it because obviously anything that touches super the governments and the ato are just completely all over so
I think it's a fine way to save, particularly if you're not... Because it's almost invisible.
Anything that's invisible savings to me is a good way to save.
So I've got little...
micro investment accounts all over the place that I saved for my granddaughter and my daughter and stuff like that.
And that's invisible savings to me.
I can't see that I'm doing it.
And similar with the super saver scheme, if you're not a good saver and you will access your cash that you've saved already, completely normal.
then it's a good place to hide your money until you're ready to spend it.
But the tax on it I think is really important because a lot of people don't realise that.
Yeah, there is.
And how much you can take out as well.
So you can take out $30,000 for each year.
Mm-hmm.
And that's all.
Showing 241–260 of 357 · page 13 of 18
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