Share registries in Australia
Teaching Kids the basics of financial literacy and investing. We learn about share registries and what we do with them after buying investments such as ETF or company shares.
Latest
ASIC Annual Review Fee for Companies in Australia
Teaching Kids the basics of financial literacy and investing. We learn about ASIC and the process to review and pay a Company's annual review fee of ASIC.
Reinvesting dividends from ETF investments
Teaching Kids the basics of financial literacy and investing. We learn about dividends and what we can do with dividends.
What is a Central Reserve Bank?
Teaching Kids the basics of financial literacy and business. Help them understand the role of the central reserve bank in a country and setting rules and regulations for the operating banks within the country.
How do banks make money?
Teaching Kids the basics of financial literacy and business. Help them understand how we use banks and how banks use money to generate more money. Do we really need the banks?
Investing in ETFs - Buying and Selling on CommSec
Teaching Kids the basics of financial literacy and investing. Step-by-step instructions on using CommSec to buy and sell ETFs.
What is investing? Why invest?
Teaching Kids the basics of financial literacy and investing. Finding ways to increase the future value of our current money is called investing. Help them understand growth rate, inflation, and more to understand why we need to invest.
Introduction to Real Estate Property Investment
Teaching Kids basics of property investment. Pros and cons of property investment, the financial model, booking keeping and accounting.
What is Bookkeeping? What tools/software's are used for bookkeeping?
💡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. What did I want to do? * I wanted my kids Ash (12 years old) and Adh (10 years old) to get an understanding of accounting concepts... gradually. * I wanted to use
Introduction to ETFs: What are ETFs and why invest in ETFs?
💡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. What did I want to do? * I wanted my kids Ash (12 years old) and Adh (10 years old) to understand the concept of ETF (Exchange-Traded Fund). * I wanted to take
What is Accounting? Accounting Basics: Key Terms and Concepts
Teaching Kids Accounting basics: Revenue, cashflow, expenses — what does it all mean? A simple approach to learning the basics of accounting.
What is a Trust? What are the different types of Trusts?
Family Trust and Holding Company Structure
Teaching Kids about Shaf's structure of Trusts, Holding Company and Operating Companies to manage key considerations such as tax implications, dividend distribution and asset protection with a long term strategy.
Accounting
Recording an Expense with multiple line items in Xero - Vodafone Mobile Bill
Teaching kids about recording a bill that has multiple line items into Xero as an Expense bill to pay.
Recording a refund in Xero
Teaching kids about recording a refund in Xero bookkeeping.
Bank Reconciliation in Xero
Teaching Kids Business. What does the term reconciliation mean in bookkeeping? It's the process of checking if the records we have are correct. Read this article for step-by-step instructions on how to reconcile in Xero.
Recording an Expense of different currency in Xero - Atlassian Invoice for Confluence
Teaching kids about expenses and bookkeeping. This article explains the steps in recording an Atlassian invoice for Confluence that is in USD, but paid with our base currency AUD Card.
Accounting
Recording an Expense in Xero - SquareSpace Domain Renewal
Teaching kids about expenses and bookkeeping. This article explains how a domain registration/renewal invoice looks like and how we enter into Xero as an expense.
Accounting
Invite a user to Xero for Bookkeeping
💡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. What did I want to do? * I wanted to give my kids Ash (12 years old) and Adh (10 years old) access to Xero so they can add the invoices/bills
Bookkeeping
What are Expenses in Accounting? An introduction into expenses in bookkeeping for kids
Teaching kids about expenses and bookkeeping. Expense means Money going out.
Business
The Ideal Characteristics and Skillsets for Tomorrow's Entrepreneurs
💡This is part of Project Instill, where I teach my kids (12 and 10) financial literacy and business basics. I started trying to identify what I wanted in my children. Yes, we want our kids to grow up as good citizens caring for the world, but I want my kids