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There are several documented ways to get rich. One of them is to work hard at a well-paying occupation, live beneath your means, save your money and invest it well. 

What career path is the best one to take if you want to get rich? As it turns out, you can do almost any lucrative job and get rich at it if you are careful to save and invest. But, having said that, some career paths do tend to produce more wealth than others. Here are 4 of the top choices:

1. Salesperson

As calculated using current currency conversion rates, American entrepreneur Mark Cuban has a net worth of well over 5 billion Australian dollars; his total wealth is estimated at about 4.1 billion US dollars altogether. An interviewer once asked him what he would do if he lost all his wealth. His response: He would work as a salesperson during the day and seek out a bartending job at night. His answer ought to give you an idea of how important it is to master the art of selling if you hope to become wealthy.

Sales are the key to business — and good salespeople are the key to making sales. Outstanding salespeople are indispensable, and they can accumulate significant wealth if they are careful to negotiate lucrative deals for themselves. 

2. Entrepreneur

Many of the world’s wealthiest individuals grew their fortunes by starting successful businesses. This does not tend to be a quick or easy path to good fortune. Many entrepreneurs fail multiple times and endure considerable financial hardships before they finally find a truly lucrative business idea to pursue. Some entrepreneurs never become wealthy. 

If you decide to start a  business, it need not be a glamourous one. There are smart tradies who become rich through their business efforts. 

3. Surgeon

If you have an aptitude for human biology and a desire to help others, becoming a surgeon might be a career worth your consideration. It also helps if you have a calm disposition and aren’t inclined to be squeamish.

Surgeons in Australia earn variable salaries depending on several factors including specialisation and level of experience. A surgeon with significant experience can earn as much as $393,467 annually in Australia. 

Meanwhile, the median annual wage in Australia is only $65,577 a year, according to News.com.au. Imagine how much money you could save and invest if you were to earn as much as a surgeon but live on the amount that the average Australian earns. If you were to make sound and profitable investments with the difference, you’d be likely to become wealthy fairly quickly.

4. Anaesthetist

An anaesthetist is a healthcare professional whose primary specialty is administering anaesthesia to patients. This is one of the riskiest jobs in the entire medical profession, as even a tiny mistake with a patient’s anaesthesia is likely to result in tragedy. This is a job that’s only suited for individuals who can handle a high level of responsibility – but with that responsibility comes an attractive paycheck. Anaesthetists in Australia can earn salaries upwards of $300,000 per year.

No matter which career path you decide to pursue, the most typical path to wealth involves seeking out knowledge and training; building a professional network of successful contacts in your industry; becoming well-known for your expertise; maximising your earnings; and living below your means.

If any of these career paths appeal to you, one of the first steps to getting started is to pursue the training that will empower you to be successful. You can easily find a course that will get you started at Training.com.au, an academic portal specialising in connecting Australians with the training they need to thrive in their careers. Whichever path you decide to pursue, getting the right training will be a crucial factor for your success.

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New Money Smart figures show that holidays account for $77 in the average Australian household’s weekly budget, adding up to a total of $4,004 a year. Prices for flights, car hire and accommodation peak in December and January, making the annual summer holiday and expensive exercise for families.

Here are some simple tips to save money on your summer holiday by using the sharing economy.

  • Save $455 on car hire by borrowing a car through peer-to-peer car sharing service Car Next Door. A 7-day, 300km round trip in a small car with reduced insurance excess at peak time would cost around $750 in a traditional hire car. The same trip in a local car from Car Next Door would cost just $295.
  • If you’re planning a motoring holiday, save on campervan hire with peer-to-peer service Camplify. Hiring a campervan that sleeps four people costs $260 a night from Jucy rentals, and around $90 a night through Camplify – a saving of $1,190 on a 7-day trip.
  • Accommodation is one of the biggest costs of any holiday. A hotel room by the beach in December could cost around $2,335 for 7 nights. Book a spare room in someone’s home from around $935 for 7 nights with Airbnb and save $1,400.
  • If your furry friend can’t come along on your holiday, you’ll need to find someone to look after them. A cattery or kennel at peak time can cost up to $350 a week. With MadPaws you can find a pet sitter near you to visit your pet each day from around $140 a week. You’ll save $210 and your four-legged friend gets to stay in the comfort and familiarity of their own home.
  • No trip to the beach is complete without a day in the surf. Hiring a board from a surf rental company costs between $40-60 a day, or just $25 a day through peer-to-peer equipment rental platform, Quipmo – that’s a saving of $35.
  • Save money and boot space by hiring baby gear from other parents through Kindershare. Hiring a portacot and pram from a traditional baby gear rental company would cost $80-100 a week. You’ll save around $60 a week using Kindershare.
  • While you’re away rent out your unused driveway or parking spot to someone who needs it – and make around $250 a month withParkhound.
  • Download the free GetReminded app to remind you when you need to update your passport, book all or parts of your holiday as well as reminders about travel insurance, holiday pet care and more.

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Many first-time home-buyers express an interest in buying modular (or prefabricated) homes. These are not a new concept in the construction industry. But, modern house plans have only recently gained popularity. Technological advancements are a major influence. But the main reason for the rise in interest is due to a few factors. Modern consumers are generally more aware of how their actions impact the environment. So, they want to make a difference by going green. They do so, by adopting more energy-efficient practices.

Further, more architects turn to modular construction when designing modern house plans. Sustainable practices include:

  • Reducing material waste and pollution generated by transport
  • Energy-efficient building materials
  • Solar panel systems
  • Creating modern homes that reduce one’s footprint

Read on to discover the hottest trends in the evolving world of contemporary homes.

Expand Your Living Space with a Modular Extension

Modular extensions aka ‘pods’ are a great solution for expanding a home. You may need a garden shed, art studio, DIY workshop or teenage retreat. These help homeowners to increase living space without making structural changes. Built off-site in climate-controlled factory environments, mean these are fast to install. Some only take a few days before they are ready to go.

Include Space-Savvy Solutions

But before you consider extending your home, you should know how to make the most of your existing space. Keeping the space neat and free of clutter is one modern house design trend that will never go away. Consider using a combination of practical storage for decluttering purposes.

Hiding gear from sight also makes rooms look bigger. To save on space, consider built-in shelves and closets. This way, you will take care of your clutter without disrupting the freedom of movement in your home.

Finally, keep spaces refined and polished by camouflaging appliances and homewares. For example, pick a refrigerator colour that matches your kitchen counters and cupboards. Or, use a retractable chopping board built into the counter.

Let the Light In

To enhance the cleanliness and air in a space, bring as much daylight in as possible. Instead of using window treatments that obstruct the view and the sun, leave windows bare. adorned with only some sheer curtains that allow for the light to sneak through. If your space doesn’t get sunlight during the day, get some with overhead ambient LED lighting. Go for a colour that’s as close to natural as possible.

Create an Earthy Atmosphere with a Palette of Neutral Tones

Create a home that feels honest, true and connected. Introduce nature, by using natural and earthy tones in your interior. The colours lack, brown, grey and beige create a balanced look with a homely feel. Neutral tones are also popular because they make spaces appear larger.

Let Rooms Flow into Each Other

There’s no rule that says each room has only one purpose. Try to see potential in all the separate rooms in your home. For instance, a kitchen can also contain a dining area. Remove the need to build a separate dining room. And a home office can double as an entertainment area. Fuse one off a living room. Dual-purpose increase available space and offering convenience.

Look Up to Mid-Century Modern Style

Modern mid-century architecture is gaining popularity. Design is minimalist and marked by clean lines, flat or gabled roofs. Floor-to-ceiling windows flood the space with light. This style is popular when it comes to modern house plan interiors.

For example, consider bringing in accents in retro colours. Think avocado, mustard, and baby pink. Also, use colours on vibrant tiles as a statement in the bathroom. An intricate contemporary pendant will grab attention in the dining room. These tasteful pops of colour can give sleek modern houses personality.

Elements such as peg legs or hardware can add a mid-century modern vibe to your interior. Instead of going for mass-produced (or throwaway) furniture, consider hand-crafted, one-of-a-kind pieces. These give the interior a unique character. Reclaimed wood, bamboo, and eco-smart furniture are great for adding texture. and warmth to a modern interior.

Say Hello to Terrazzo

For all the reasons above Terrazzo is popular. Wall coverings and floors, especially in bathrooms and kitchens are on trend. Terrazzo is a composite material. It’s made up of small pieces of marble, granite, glass, quartz or other material. Then it’s mixed with a polymeric or cementitious binder, or both. It’s great for wet and high-humidity areas as the material is resistant to water damage.

Make a Statement with Large Scale Art

New home designs in 2020 include large scale art covering a statement wall. Or in other words, wall murals, decals, tapestry or large paintings are popular. This works well in interiors with a neutral colour palette and a minimalist design. This big picture art brings a bold but tasteful touch to the space. Make sure that the theme and colours of the art complement the existing style of the space.  

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As the year comes to a close many of us are dreaming of a holiday in 2020. And it’s hard to juggle budgets and find holiday money with the expense of Christmas looming.
However, there’s good news from Agoda.com to make it easier for you to plan and budget for your holiday.
Because Agoda.com is the first online digital travel booking platform to enable Australians to book and pay for their holiday accommodation via interest-free instalments, and can still access to Agoda’s lowest price deals .You can now choose to pay for your travel accommodation with Afterpay on Agoda.com, paying in four interest-free payments for any of Agoda’s “Book Now, Pay Now” accommodation options.
And there are loads of accommodation options to choose from with Agoda offering over 2.5 million properties globally. There’s accommodation to suit all budgets and travel occasions. You can opt for luxury, mid-range or budget-friendly hotels. Or select apartments, villas or unique properties from Agoda Homes that offer additional facilities such as kitchens, which can be helpful in watching your budget whilst you are on holiday.
How Afterpay works on Agoda.com

  • The Afterpay payment option is applicable on Book Now, Pay Now accommodation
  • At checkout, select Afterpay as your payment method
  • Pay over four fortnightly payments, interest-free
  • The payment option is applicable to hotel room charges only (excluding local taxes, service fees, and additional charges)

Go to www.agoda.com/afterpay for more information.

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As part of my quarterly money cleanse, I’m taking a look at the best mobile phone plans on the market today. My tradie hubby is a massive phone person. He’s always wheeling-and-dealing with suppliers and customers. As a writer I’m desk-bound most days. When I’m not, I’m checking email messages and notifications on my phone. So, hubby needs some good SMS and calls juice, while I’m big on getting the most data I can while at home and out-and-about.
In saying this, getting a plan that does both is of course, the best result. But, looking for the right plan can be a minefield. I’ve put this easy-to-digest A-Z guide together to help you make the right decisions.
Hit the ground running with slashing expenses this quarter.

What to consider when choosing a mobile phone plan

What to look for in a mobile phone plan and what decisions you will need to make first:

Accounts

  • Ease-of-use when managing your account
  • Customer service
  • Support from the phone supplier via contact pages, phone or live chat services

Bundles

Coverage

  • What’s it like in your area for your provider.
  • Can you check it on a map?

Contracts

  • Length and cost monthly fees and total spend. Is there a cost for cancellation and payouts?
  • Is it best to not have a contract? Find no-lock-in contract plans to achieve flexibility and freedom.

Calls

  • Costs including charge per second and block of time
  • Inclusions: Items that aren’t included such as overseas calls and 1300 numbers.
  • Are FREE calls available on the same network, free social network options.
  • Are calls cheaper at a certain time of day.
  • Are calls charged per second or per block

Connections

  • Phone call connection fees (term: flag falls)

Data

  • How much data you are using now and what you need (Check out this mobile data calculator to determine your monthly usage)
  • Budget versus freedom (unlimited data)
  • Is unlimited data necessary?
  • Can you easily monitor your data usage

Payment

  • Pre-pay or pay after the fact (via billing)
  • Terms: Fixed-term (12-24 months) or go month-to-month
  • What is the cheapest way to pay (e.g credit card or other)

Plans

  • Bring your own phone along
  • Pay for a phone with a plan
  • Can you switch between plans without incurring fees?
  • Are you just looking for a data only plan for tablets and iPads etc ?

Check out the most competitive mobile plans we found from amaysim here.

Phones

  • If you need more than one phone for business purposes
  • Is the phone locked to the network an
  • Is there a cost for unlocking a phone.
  • What does the warranty cover and how long will it last.
  • How much you love technology and if you are likely to change phones over a contract period

Travel

People

  • People on your network you call often
  • Is it cheaper if you are all on the same network

Places

  • Do you call often from home through wireless
  • What is your schedule at and away from home
  • Where are you using your phone the most

Limits

  • Monthly call limits andincluded value and what happens when you go over your data?
  • Is the plan enough for how you intend to use it?

Usage:

  • Phone usage including SMS, calls, email, social, photos, videos, games and travel (as above).
  • How much are voice calls, SMS and data usage when overseas.

I hope you find your perfect money-saving phone plan.
Nice work if you slashed some expenses here today. Stay tuned for more of my money-saving goodness.
*Sponsored.

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I’m a clean freak and admit I do come from a family of clean freaks. I’m also a chronic hayfever sufferer. I’m the person walking around with a hand over my nose, telling people not to shake carpets or unsettle any dust. Until recently, I didn’t know how dirty the air was. Read on to discover what’s hiding in the air you breathe, ailments that come from dirty air and the fix. This is my ultimate guide on what air purifiers, humidifiers and dehumidifiers can do for you. You’ll also get your laundry done faster, which is a big bonus.

Keeping it clean

As a mum, I’m obsessed with getting the kitchen to sparkle. Vacuuming up pesky kid crumbs and organising sock drawers are also jobs I’m obsessed with. I’m also a hayfever sufferer. Yes, one of these ‘poor souls.’

According to the Australian Institute of Health and Welfare (AIHW), almost one in five Australians (more than 4.6 million people) had allergic rhinitis in 2017-18, with the ACT having the highest rate (29 per cent). News.com.au

Every year, when spring hits after the long hard Melbourne winter, I’m excited. The next thing that happens is an itchy nose and a box of tissues. Most years, I go ‘head-to-head’ with this monster. I’ve tried so many different things over the years.
These include:

  • Nasal spray
  • Hayfever injection
  • Every pill on the market
  • Natural therapies
  • Drowning my eyes with water
  • Honey from local bees

While, I know the local pollen has much to do with this, I’ve never considered other factors ‘in the air.’ I’ve started reading about air purifiers for this coming spring season to see if they can help me.


Harmful effects of breathing dirty air

Here are the little known facts about how breathing dirty air can harm you:
General Air Pollution

  • Asthma attacks
  • Infections
  • Decreased airflow
  • Excess mucous
  • Lung cancer
  • Irregular heartbeat (arrhythmia)
  • Heart attacks
  • Systemic inflammation
  • Blood clots
  • Stroke
  • Headaches and anxiety
  • Reduced IQ
  • Behavioural problems
  • Link to dementia

Babies

  • Preterm birth
  • Low birth weight
  • Systemic inflammation
  • Link to autism

Source: HOW POLLUTION HARMS THE BODY: Moms Clean Airforce


Here’s what Air Purifiers remove

  • Large particles
  • Harmful gases such as TVOC, smoke and odours
  • Ultrafine particles (e.g. 0.003um) that include allergens, dust and dust mites

Systems like the Philips Air Purifiers are effective. This is because their systems deal with all three of the issues above. The multi-layer filtration system deals with the large particles. Active carbon filters remove any harmful gases and odours. They also include a HEPA filter, which removes allergens and dust particles.

TVOC is a grouping of a wide range of organic chemical compounds to simplify reporting when these are present in ambient air or emissions. Many substances, such as natural gas, could be classified as volatile organic compounds (VOCs).Mar 22, 2019 Total Volatile Organic Compounds | National Pollutant Inventory


How to clean the dirty air you didn’t know you were breathing

I’m working with Philips to bring you this ultimate guide on the latest technology available:

Vitashield Technology does this:

  • Trap indoor contaminants without generating ozone
  • Trap secondary pollutants in the process
  • Remove pollen, dust, dust mites, pet dander and mold spores

Extra-Sensitive Allergen modes do this:

  • Allergen mode monitors air quality and boosts airflow
  • Bacteria and virus mode
  • General mode

AeraSense Technology does this:

  • Get instant info on your air quality at a glance
  • Allergen index and colour ring will show even slight changes in air quality and in real-time
  • You will know you are breathing the cleanest air

NanoCloud Technology (99% less bacteria) – Humidifiers

  • Hygenic evaporation to assist with dry skin, itchy eyes, dry throat and coughing
  • Spreads 99% less bacteria and no scale dust
  • Reduce water droplets carrying bacteria through the air
  • Avoid wet spots and white mineral dust
  • Monitors and maintains humidity
  • Distributes are in rooms up to 25m2
  • Natural evaporation to add water molecules to room air
  • Adjust humidity levels to 40%, 50% or 60%
  • Automatic shut-off and real-time digital display
  • Two fan speeds and humidification rates for different sized rooms E.g. Medium room 220ml/hr for up to 25m2

Dehumidifiers & Purifiers

  • Purify air while removing excess moisture
  • Remove dampness and prevent mold growing
  • Protect furniture from damage
  • Help laundry dry faster
  • Control mold, mildew, pollutants and allergens
  • Effective year-round in damp environments
  • Purify air at the same time during dehumidification
  • Adjust levels to get the best air quality

Air Humidifiers

  • Manage indoor humidity levels
  • Reduce mold, mildew, bacteria and dust mites
  • Remove up to 23L of water per day
  • Reduce damage on furniture and homewares
  • Breathe healthier air
  • Dry laundry modes to increase clothes drying speeds
  • Continuous dry mode will run non-stop and alert you when the water tank needs refilling
  • Air purifier only mode combines moisture control with air purification
  • Purifier only mode will clean air even when the air is dry
  • Filter ultra-fine particles (0.02microns)
  • Remove 99.9% of airborn allergens
  • Deliver clean air at 270m3/hr

Extra features that might be important to you:

  • Adjustable settings control the mode, fan speed, timer and child lock.
  • Automatic alerts tell you when it’s time to empty the tank or change the filter.
  • The air dehumidifier has wheels, allowing easy movement throughout the home.

Prices for dehumidifiers range from between $450 – $900 depending on the system you are after. Read more at the Philips website.


*Sponsored. Note: I would never write about a product I wouldn’t use myself. The Savings Room takes pride in only working with reputable brands. Only the most reputable and high-quality products and services feature in the Savings Room.

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