5 Things We Won’t Be Doing With Our Money After the Federal Budget

5 Things We Won’t Be Doing After the Federal Budget

Whenever a Federal Budget is handed down, the headlines start flying.

New taxes. Superannuation changes. Property rules. Cost-of-living measures. Winners. Losers.

And while it is important to understand changes that may affect your finances, I don't believe we should allow every new announcement to completely derail a well-thought-out financial plan.

In this episode of SugarMamma's Fireplay, I'm flipping the conversation around and sharing five things Tom and I will NOT be doing in response to the Federal Budget — and why.

In this episode, I share:

1. We won't stop working towards our goals

We're not throwing our hands in the air and saying, "What's the point?"

We'll continue working, growing our businesses, investing in our financial wellbeing and building towards the life we want.

Governments and policies will change throughout our lifetime. Our responsibility for our own financial future remains.

2. We won't sit on excessive amounts of cash

Having an emergency fund and accessible cash reserves is incredibly important.