147 The good, the bad & the ugly of tax deductions

Tax deductions are some of the most misunderstood parts of finances in Australia. When people think tax deductions, they think about spending $1 on an item and receiving 39c back whilst losing the $1; when we talk about tax deductions we mean putting $1 away, receiving 24c back & watching the $1 grow to $2. For all listener questions/feedback, please contact the team at [email protected].