Category Archives: Lifestyle

Trying to get your head around tax? Our top titles to make tax time a breeze

Yikes! It’s that time of year, the 30th of June is looming and Australians everywhere are scrambling to get their documents together…but we have a few titles that can help you approach tax time in a cool, calm and collected manner…and a few more to help you get in better shape for next year.

The Australian Tax Handbook by Robert Deutch

Okay, so this one may not end up on your Christmas Wish List but it will help you if you are tackling your tax solo or if you’re an accountant. Covering the full spectrum of income tax law and related taxes this book features clear overviews, concise explanations and worked examples to make the tax system easier to understand and apply in practice. The Australian Tax Handbook 2017 highlights all the important changes over the last 12 months.

 

 

 

101 Ways to Save Money On Your Tax Legally by Adrian Raftery

This insightful guide sheds light on how you can increase your tax return by maximising your deductions. This practical guide explores how individual, family, property, education, employment, small business, investment property, shares, superannuation, medical expenses, levies, and other deductions can be leveraged to ensure that you receive the tax return you deserve, and that you do not overpay the government. You’ll also get advice regarding tax-effective investments, tax planning, and the best way to go about finding a great accountant.

 

 

 

 

The Barefoot Investor by Scott Pape

There’s a reason that this book has been on our most clicked list for most of the year…it’s seriously good. There is a growing number of people all over the country pulling out an orange debit card with ‘Splurge’ scrawled on it in black sharpie…and they are all excited – you’ll have to read it to find out why. This book claims to be the only money guide you’ll ever need. That’s a bold claim, given there are already thousands of finance books on the shelves. So what makes this one different? Well, you won’t be overwhelmed with a bunch of ‘tips’ … or a strict budget (that you won’t follow). You’ll get a step-by-step formula: open this account, then do this; call this person, and say this; invest money here, and not there. All with a glass of wine in your hand. This book will show you how to create an entire financial plan that is so simple you can sketch it on the back of a serviette … and you’ll be able to manage your money in 10 minutes a week. This book is full of stories from everyday Aussies — single people, young families, empty nesters, retirees — who have applied the simple steps in this book and achieved amazing, life-changing results.

 

And if it’s all too late this year, here’s a few titles that will help for next year…

 

 

The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich by Timothy Ferriss

Whether your dream is escaping the rat race, experiencing high-end world travel, earning a monthly five figure income with zero management, or just living more and working less, this book is the blueprint. This new updated and expanded edition includes more than 50 practical tips and case studies from readers (including families) who have doubled their income, overcome common sticking points, and reinvented themselves using the original book as a starting point, real world templates you can copy for eliminating email, negotiating with bosses and clients, how lifestyle design principles can be suited to unpredictable economic times and the latest tools and tricks, as well as high-tech shortcuts, for living like a diplomat or millionaire without being either.

 

 

You Are A Badass At Making Money by Jen Sincero

This is the book you need if you’ve spent too much time watching money land in your bank account and then roll through your fingers. Jen Sincero went from living in a converted garage to traveling the world in 5-star luxury in a matter of years, and knows all too well the layers of B**S*** one can get wrapped up in around money, as well as what it takes to dig your way out. In this funny, fascinating and practical book she goes in-depth on how powerful our thoughts are and how our bank accounts are mirrors for our beliefs about money. Dinero combines laugh out loud comedy with life changing concepts, all boiled down into manageable, bite-sized tips so that you can put them into practice and get life changing results.

 

 

Broke Millennial by Erin Lowry

27-year-old personal finance expert Erin Lowry is the cash savvy friend every 20- and 30-something needs. Instead of complicated tax strategies and jargon filled debt advice, her hilarious, easy-to-understand guide is the perfect way for financial management newbies to get their money in order or elevate their personal finance know-how. Broke Millennial includes essential lessons in tricky money matters to take you from in debt and overwhelmed to informed and financially empowered, such as managing student loan and credit card debts, budgeting and reaching financial benchmarks, negotiating an entry level salary, splitting the bill with cash strapped friends and navigating financial issues in serious relationships. Broke Millennial is a fresh roadmap to financial literacy for a new generation.

 

Enjoy!

Thinking of Starting a Business? Our top 5 books to get you on your way

Starting your own business is an exciting time. But before you start, save yourself some time and money by being aware of what’s involved in running a business. Operating a small business is not just about working for yourself or working from home, it is also about having the necessary management skills, industry expertise, technical skills, finance, and of course a long-term vision to grow and succeed. Do yourself a favour and set some time aside to do a little research about business  – it’s key to turning your dreams into reality.

Here are our Top 5 books to help you get ahead of your competition.

The Power of Broke by Daymond John

Daymond John has been practicing the power of broke ever since he started selling his home-sewn t-shirts on the streets of Queens. With no funding and a $40 budget, Daymond had to come up with out-of-the box ways to promote his products. Luckily, desperation breeds innovation, and so he hatched an idea for a creative campaign that eventually launched the FUBU brand into a $6 billion dollar global phenomenon.  But it might not have happened if he hadn’t started out broke with nothing but a heart full of hope and a ferocious drive to succeed by any means possible.

In this book, this Shark Tank star shows that broke can actually be your greatest competitive advantage as an entrepreneur. Why?  Because starting a business from broke forces you to think more creatively. It forces you to use your resources more efficiently. It forces you to connect with your customers more authentically, and market your ideas more imaginatively. It forces you to be true to yourself, stay laser focused on your goals, and come up with those innovative solutions required to make a meaningful mark.

 

The Subtle Art of Not Giving a F*ck by Mark Manson

In his wildly popular Internet blog, Manson doesn’t sugarcoat or equivocate. He tells it like it is a dose of raw, refreshing, honest truth that is sorely lacking today. The Subtle Art of Not Giving a F**k is his antidote to the coddling, let’s-all-feel-good mindset that has infected modern society and spoiled a generation, rewarding them with gold medals just for showing up. Manson makes the argument, backed both by academic research that improving our lives hinges not on our ability to turn lemons into lemonade, but on learning to stomach lemons better. Human beings are flawed and limited “not everybody can be extraordinary, there are winners and losers in society, and some of it is not fair or your fault.” Manson advises us to get to know our limitations and accept them. Once we embrace our fears, faults, and uncertainties, once we stop running and avoiding and start confronting painful truths, we can begin to find the courage, perseverance, honesty, responsibility, curiosity, and forgiveness we seek. There are only so many things we can give a f**k about so we need to figure out which ones really matter. The Subtle Art of Not Giving a F**k is a refreshing slap for a generation to help them lead contented, grounded lives.

 

The Founder’s Dilemmas by Noam Wasserman

Often downplayed in the excitement of starting up a new business venture is one of the most important decisions entrepreneurs will face: should they go it alone, or bring in cofounders, hires, and investors to help build the business? More than just financial rewards are at stake. Friendships and relationships can suffer. Bad decisions at the inception of a promising venture lay the foundations for its eventual ruin. The Founder’s Dilemmas is the first book to examine the early decisions by entrepreneurs that can make or break a startup and its team.

Drawing on a decade of research, Noam Wasserman reveals the common pitfalls founders face and how to avoid them. He looks at whether it is a good idea to cofound with friends or relatives, how and when to split the equity within the founding team, and how to recognize when a successful founder-CEO should exit or be fired. Wasserman explains how to anticipate, avoid, or recover from disastrous mistakes that can splinter a founding team, strip founders of control, and leave founders without a financial payoff for their hard work and innovative ideas. He highlights the need at each step to strike a careful balance between controlling the startup and attracting the best resources to grow it, and demonstrates why the easy short-term choice is often the most perilous in the long term.

 

 

The $100 Startup by Chris Guillebeau

As it turns out, you don’t have to be a trust-fund baby, on the hook for a business loan, or just plain old lucky to start your very own enterprise. Guillebeau gives rousing examples of somewhat accidental entrepreneurs making success out of strife, opportunity, and circumstances mostly by turning a passion or hobby into something that can be profitable. He doesn’t necessarily encourage every knitter to open a craft store, but he does promote creative thinking about how you can leverage a natural talent or long-loved activity into a business model.

 

 

 

 

 

Get Your Sh*t Together by Sarah Knight

From the author who brought you the bestselling book everyone is talking about, The Life-Changing Magic of Not Giving a F*ck: the no-fks-given, no-holds-barred guide to living your best life. Ever find yourself snowed under at the office or even just glued to the sofa when you really want to get out (for once), get to the gym (at last), and get started on that daunting dream project you’re always putting off? Then it’s time to get your sh*t together. In The Life-Changing Magic of Not Giving a F*ck, ‘anti-guru’ Sarah Knight introduced the joys of mental decluttering. Get Your Sh*t Together takes you one stop further – organising the f*cks you want and need to give to help you quit your day job and move abroad, balance work and fun – and save money while you’re at it – or simply get out of the door for happy hour, every day.

 

If you fancy a little more research before you take the plunge, check out more titles on our Pinterest board for Entrepreneurs.

 

Enjoy!

Need a hobby? Books that help us learn something new

It’s midway through the year, and Team Booko is checking out new hobbies to try, as we prepare for more indoor-time during the winter months.  But hobbies are not limited to the winter – and as summer holidays beckon to our Northern Hemisphere friends, perhaps you are looking for new pastimes as well?  To spare you the hard work, we’ve rounded up six hobbies that are fun, creative and rewarding (and even delicious!)

The Home Distilling and Infusing Handbook (Second edition) by Matt Teacher

The popularity of boutique beers and spirits – think craft gin, infused vodka and spiced rum – really encourages us to embrace variety and experimentation, as we discover tastes that we truly love. In The Home Distilling and Infusing Handbook, Matt Teacher shows us how easy it is to create uniquely flavoured spirits even without special equipment.  Try one of the included recipes, such as horseradish vodka or cucumber gin, or learn how to combine fruit, herbs and spices to impart flavours to alcoholic bases such as gin, vodka, bourbon and tequila.  And for the more adventurous, Matt Teacher also shows how to blend whiskeys and bourbons.

The Smart Phone Photography Guide by Peter Cope

Smartphone cameras have transformed the way we record our lives – but do you know that, not only are they convenient, many also rival “proper” digital cameras in terms of quality and features? The Smart Phone Photography Guide aims to help users take, create, manipulate and share images and video taken with smartphones and tablets.  Packed with “Pro tips”, explanations and “Try this” exercises, Peter Cope will improve your photography skills in no time.  Make your memories even more beautiful by realising the full potential of your phone camera – whether they are small-but-precious moments, stunning holiday vistas or artistic compositions.

Sewing in a Straight Line by Brett Bara

Sewing in a Straight Line is the most morale-boosting and innovative sewing book ever!  Brett Bara has devised a whole range of projects – from accessories to homewares to chic skirts, tops and even dresses – that only require sewing in straight lines.  With the help of some stylish fabrics, anyone can achieve results that look way more impressive than the effort required.  I love this book because normally, clothes have complex construction and require at least intermediate skills to make; instead, Sewing in a Straight Line has shown us how even total beginners can quickly learn to make attractive pieces that they would be proud to wear or use.

Making Pottery You Can Use by Jacqui Atkin

There is something very satisfying about making objects you can use everyday – and Jacqui Atkin’s new book can help you do just that. Making Pottery You Can Use bring some super-useful advice to our rediscovered love of handmade ceramics.  Not only can we enjoy the tactile lushness of shaping wet clay, now we can also turn our creations into functional objects – pieces that stack well, with lids that fit and handles that stay on.  The combination of clear, beautiful photos and succinct but informative text makes Making Pottery You Can Use a valuable reference for beginners through to professional ceramicists.

Ferment for Good: Ancient Foods for the Modern Gut by Sharon Flynn

Our interest in fermented foods shows no signs of abating – not only do we enjoy the amazing flavours of foods such as kimchi, kefir, and sauerkraut, we also appreciate how they can improve our gut health; while others are also keen to perpetuate this ancient skill.  Sharon Flynn is a former English teacher whose interest in fermentation grew from a hobby into a successful business.  In Ferment for Good, she shares her deep knowledge through recipes, anecdotes and tips.  With recipes ranging from kombucha to pickles to miso to relishes, Ferment for Good is a friendly and informative overview for anyone who wants to try fermenting their own foods.

Ikeahackers.net: 25 Biggest and Best Projects by Jules Yap

When Jules Yap started the ikeahackers blog in 2006, she simply wanted to create a place to showcase IKEA Hacks – the repurposing or modifications of IKEA products.  Little did she know that it would grow into a thriving community of DIY enthusiasts who enjoy personalising their IKEA pieces, sharing their skills and ideas in the process.  Now the essence of Ikea Hacking has been revealed in a book.  Ikeahackers.net: 25 Biggest and Best Projects offers step-by-step instructions on how to transform common IKEA items into stylish, functional and unique objects.    Fancy embellished drawers, or a coffee table made from magazine holders? The options are only limited by your creativity and skill.  Pre-order for a July release.