June 30 is the last day of the financial year in Australia.

If you spend money on deductible expenses today, you can claim the deduction back from the Government tomorrow.

But if you spend the same amount of money tomorrow, on the same things, you have to wait an entire year before you can claim it back.

It’s not often I advocate spending to boost your profits, but today is an exception.

Things like pre-paying your mortgage interest for a whole year, is a great idea today (but a not so great idea tomorrow).

Making the most of your money today is a lot easier than tomorrow. Save yourself a whole year in one day. Do it now!

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