How to save $2,000 or is it $4,000+

How to save $2,000 or is it $4,000+

Yes, would $2000 or is it $4,000+ be useful in your account. You could no doubt start with 10 fast answers on a better way to use it than big government.

It is simply that the proposed NBN will cost each person $2000 in taxx. The total cost which has been suggested without a business plan or costings & maybe requiring a compulsory take up is $43 Billion which divided by 21milion is $2,000 p.p. This means for a family unit the cost could be $4000+.

Let us face it the great majority need that $2,000 or $4,000 & certainly could use it better than big brother or is it big sister. The family certainly needs at first to pay off the credit card or to reduce their mortgage. We have all seen what that does to the term of a loan.

After that the family could certainly make that fast 10 list to an easy 50 list on where to invest that $4000. E.g. shoes or a laptop for other members of the family. Whoops did we say laptops which are usually wireless i.e. not Fibre & fixed.

As Terry McCrann wrote in a full & researched column in ‘Patchwork is cover enough’. He concludes that ‘the future will clearly be a mix of a fibre core & wireless’. Terry also concludes ‘it is both fiscal & technological insanity to dump the Telstra & Optus cables that can provide 100Mbps broadband virtually right now to perhaps 1/3 of Australian premises’.

Jennifer Hewett writes in ‘Broadband takes centre stage in debate on future’ and concludes ‘The implementation study declared this possible in the very long term -- 15 years minimum -- although at very low rates of return just over the government bond rate. But this requires a very high percentage of homes -- between 75 per cent to 90 per cent -- to pay to take the service. ‘That is a very big gamble, even dressed up as vision’.

The red queen ‘Gillard defers NBN questions’ when ‘it depends what you want,'' Ms Gillard said, adding the beauty of network was that it "super fast'.

Malcolm writes ‘Seven reasons why the NBN will fail’ will ‘the most expensive network in the world’.

Michael Stutchbury writes ‘Same old election-time pork barrel for broadband and rail’.


The other demand for your taxx dollar is on health. That is a black hole which will absorb every dollar created. Hence a paradigm shift is required & it starts with the individual not making a lifetime of bad health decisions. It starts at the bus stop where we see a stylised red girl advertising a big seller in the supermarket. However it has serious downsides with fructose & aspartame ingredients. It is sweet & toxic.

We read in the W/E Australian 14 August that the blue gang has promised 21.54B & the red gang 5.5B We don’t see where the 43B is defined but we will take the Australian any time than the other gang of 2 member who is elsewhere defined in ‘There will be blood, regardless of the result’.

As a wealth coach we must & do play by the rules of the game. However the rules are made by those who don’t play the game themselves. As John Weir wrote in a letter to W/E Australian ‘it is difficult to see why being unionised would help anyone but the unions. Perhaps to an old leftie this is a virtue in itself’.

The Pareto Principal suggests 80% will vote on tribal instincts which are an emotional decision. That is good enough when your team plays sport but it isn’t good enough when voting. The head should rule the heart & the above links have rationalized the arguments.

The other 20% may listen to Mark Latham who apparently suggests spoiling the ballot paper. It is known that the green gang advocates a larger mining taxx which doesn’t help anyone including you.

We viewed this week on the BBC a programme on the most famous soccer club = Man U being in debt for $1.23B. Their owners Glasson’s have 64 USA malls in negative equity. The Gunners are up for $700m & all the rest of the EPL are in similar circumstances. You can’t do much when you are in debt.

The USA is similar with 13 Trillion & comments suggest a 3rd world country. We note that when in debt one has less power & say.

Globally & nationally & individually we need less debt. It is no use borrowing to pay down existing debt as that is the same as using the credit card to pay the mortgage.
We comment because taxx is a dead weight on your budget & hence needs to be legitimately minimised. It is fundamental that you can look after yourself better than all knowing big government. Do you waste your money?

Hence we must conclude that this $2,000 or is it $4,000+ could be much better not spent by little sister but by you.

The Sunday mail editorial writes ‘Labor administration has squandered goodwill and Abbott Coalition deserves chance’.

It is time the $2,000 or $4,000+ buck stopped with you. The NBN is welfare for tech heads.

Welcome to call on 07 3848 1088 or email or visit our websites as others have & do.

Our active wealth strategy may help you.

John McAuliffe