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How Does Novated Leasing Work?

She's On The Money

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Exploring Novated Leasing and its Financial Implications

This chapter delves into the concept and benefits of novated leasing, including the pre-tax advantages and the potential to afford a more expensive car. However, it highlights the importance of considering novated leasing as debt and the impact it can have on one's take-home income and savings. The hosts also share their personal aversion to car leases and stress the need for responsible debt management.

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