So you’re in a bit of a pickle and you need money – but the only savings you have are those in your super fund, which we all know you can’t access until you’ve retired. But are there any circumstances where you can withdraw your super early?
For most of us, renting is a rite of passage when you move out of home. On one hand, you’re stoked to be a fully-fledged adult with your own place. On the other hand, you feel like crying when you see the amount of money being drained from your bank account every week.
Back in 1907, a landmark Australian labour law ruled all employees were obligated to be paid a wage that “guaranteed them a standard of living reasonable for a human being in a civilised community”. At the time, this wage was seven shillings per day or 42 shillings per week.
Until I moved out of home, I had no idea how expensive groceries could be. My mum certainly did, and she made sure I knew it when I complained about how much money I’d spent after my first solo grocery shopping trip.
Whether it’s your life ambition to be a crazy cat lady or you dream of having a house filled with Labrador puppies (hands up, me!), it’s a good idea to paws for a second and consider the financial responsibilities that come with being the parent of a fur baby.
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