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 enjoyed making FIRE & Chill over the last two years and we truly hope you've gotten value from the content.  Thanks so much for your support and understanding.


More info...

• ASIC  Guidelines Information Sheet
• Money Magazine's Summary of the Changes
• Senator Jane Hume Contact Page
• Dave's Article on the 'Finfluencer' Crackdown
  
  

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 portfolio.


Discussion points...

• Intro chat  (01:10)
• Employment taxes  (03:26)
• Salary sacrificing and salary packaging  (07:45)
• Capital gains and dividend taxes  (16:19)
• Reducing tax on investments  (28:15)
• Negative gearing and debt recycling  (39:47)
• Taxes in early retirement  (47:08)
• Some thoughts on trusts and structures  (53:13)
• Where do our taxes go?  (59:11)

Resources and stuff mentioned...

• How we track our investments:  Sharesight
• Key Investment Principles for Long Term Success
• Using Debt to Invest in the Sharemarket

More from us...

• Pat's blog:  Life Long Shuffle
• Dave's blog:  Strong Money Australia
• Contact us with questions and feedback:  fireandchillpod@gmail.com

In this episode, we discuss the huge overlaps between Minimalism and the pursuit of financial independence. 

We talk about the benefits of Minimalism, the possible drawbacks, and how to put these lessons into practice in our everyday lives.


Resources and stuff mentioned...

• How we track our investments:  Sharesight
• Low-cost share investing platform:  Pearler
• Further reading on Minimalism:  The Minimalists
• Further reading on Minimalism:  Becoming Minimalist
• When Novelty is the New Normal
• Being Green And Building Wealth 

Discussion points...

• Intro chat  (01:10)
• What is minimalism all about?  (03:32)
• Examples of minimalism in practice  (09:38)
• The benefits of minimalism  (26:35)
• The possible drawbacks  (35:46)
• Misconceptions about minimalism  (40:41)
• Our experiences (45:13)
• Conclusion and takeaway (50:43)

More from us...

• Pat's blog:  Life Long Shuffle
• Dave's blog:  Strong Money Australia
• Contact us with questions and feedback:  fireandchillpod@gmail.com