Family accounting review

We're only a couple of days away from the end of this financial year. Our attempts to be very diligent to our budget have been, in the main, successful. Well, up until today when the car broke down and hubby had to get a tow back home, then another tow to the mechanic. Grr!  Well, what can you do? Try your best and aspire to manage your assets as frugally as possible.

I've stuck to my system of budgeting as per last year's post (see HERE) and it's worked really, really well.  A weekly collection of all the receipts and an hour spent working the tallies has payed off to us being ready to face the tax man promptly and quite organised.

All our educational expenses have been listed and categorised into claimable and unclaimable items.  You can check your eligibility and requirements for the education rebate on the government's tax site.

Now, here's something else available to Australians, in particular those with a Health Care Card.  ANZ have a scheme whereby you can 'double your money'.  A friend was telling me about this, but we're yet to follow through ... it's on this week's "To Do" list.  There are, of course, a list of prerequisites, but the money ANZ gives to match the maximum you can save each month can be used toward education expenses.   The scheme is called ANZ - Saver Plus.  Worth a look!!!

I'm almost done setting up next financial year's record keeping.  Only a few minor adjustments have to be made to the excel spreadsheets and I want to get my 'wish list' all ready for the next lot of Sonlight purchases.  MMmmmm - more books, lol!  But yes, we do have enough to keep us going for at least another 3 months.