Money magazine Comments - Ask Paul: Where should our teenage son invest his savings? Kylie's 15-year-old son has just started his first job, earning up to $270 a week, and he wants to buy a car in two years. https://www.moneymag.com.au/feed/latest?story=179807004 Wed, 18 Dec 2024 16:39:46 +1100 Wed, 18 Dec 2024 16:39:46 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Ask Paul: Where should our teenage son invest his savings? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Money magazine ()

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]]> Money magazine () Wed, 18 Dec 2024 16:39:46 +1100 Comment by A A ()

Don't forget the fhss scheme means that these contributions to super aren't locked up until 60 but are accessible to buy a house, or even accessible for other uses but attracting a 20% tax. It's not perfect but seems to me like a good way to start the habit of understanding super.

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]]> A A () Thu, 19 Dec 2024 09:57:24 +1100