Superannuation: 9.25% of your salary put aside for a retirement-y day. Under Australian law, an employer must make super contributions on your behalf if you are eighteen years old or over and paid at least $450 (before tax) in salary or wages per month (via ATO).

Even though we employees don’t get to see, smell or taste our hard-earned super for decades, it’s still money. More importantly, it’s our money, a back-up for when we’re down on our luck or an affordable way to take out an income protection policy*. Continue reading →