I Saved All This Money for Retirement Already Without Even Trying (In Australia)

Since 1992, Australia has had compulsory superannuation (AKA “super”), which is somewhat comparable to a 401(k) in the United States. Currently employers in Australia have to pay 9 percent of worker’s wages (this is not taken from your wages, this is on top of your wages) into a nominated super fund. Soon this amount will rise to 9.25 percent and over the next seven years head on up to 12 percent. There are some exceptions to this compulsory payment—if the employee is under 18 years old, over 70 years old, or earning less than $450.00 per month.

If I Don’t Look Down I Can Keep On Running

How are you feeling about your financial future, Samantha Mee?

In Australia, We Don’t Worry So Much About Our Student Debt

The Australian education system and me.