Previous Q&As

How a Financial Advisor Can Make You a Millionaire

Hi Scott, My daughter is a hardworking 22-year-old who lives in a share house. She is struggling with her living expenses. (I pay for her weekly grocery shop, and she feels bad about it). She earns $3,068.32 after tax each month. Here are her monthly expenses: Rent $760 Financial advisor...

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I am NOT an Alcoholic

Scott, I currently spend about $100 a week on alcohol ‒ it is pure habit and l love the taste too. I am not an alcoholic, but I do need some incentive to drop the habit, like a financial goal! What else could I be doing with that $100 that...

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You’ll Be Proud of Me, Barefoot

Dear Scott, I wrote to you when I was on maternity leave in October 2017 to tell you I had racked up a $17,000 credit card debt (you published my response as ‘Zero Balance Is a Trap’). Well, since returning from maternity leave I am down to my last $1,000...

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The Perfect Barefoot Side Hustle

Scott, I have come across a mob who are selling themselves as offering the “perfect Barefoot Side Hustle” with what they call “matched betting”. Is this is a scam? Or am I just a little too risk averse?

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Blow the Whistle

Hi Scott, I’m 15 years old and do not have regular work, though I do umpire netball in the winter months, which earns me about $15 a game. I’ve just started Year 10 and will have a lot on my plate school-wise, and do not want my studies to suffer....

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