Mo Money #475 The 5 Rules Every High-Income Aussie Should Be Following
Nov 5, 2025
Delve into five pivotal rules for high-income Australians aiming to maximize their wealth. Discover why high income should build assets, not merely reflect success. Learn the pitfalls of misleading net worth numbers and the importance of automating investments. Understand the benefits of smart borrowing and structured financial decisions over sheer discipline. Finally, gain insights on tax strategies to amplify returns and protect your assets effectively. Embrace these rules for genuine financial security!
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High Income Is Not The Same As Wealth
- High income doesn't equal financial security because wealth often sits in non-income assets like the family home.
- Replaceable salary requires income-producing investments large enough to cover living costs over time.
Automate Investing As Income Grows
- Use your income as a tool by automatically directing extra pay into investments and debt reduction.
- Set defaults to invest more as income rises so lifestyle inflation doesn't consume gains.
Structure Beats Willpower
- Build structures and systems to remove decision fatigue and preserve willpower for important choices.
- Automate savings and investing so you don't rely solely on discipline over time.