The Winner's Playbook

Why your tax refund isn’t free money (and how to actually use it)

Link Wealth Advice Episode 76

Tax time rolls around, the refund hits your account… and for most people, it’s gone just as fast. In this episode of The Winner’s Playbook, Josh and Billy unpack why so many Aussies waste their tax refund and what smarter, more strategic moves you can make instead.

They explain how the tax system really works, why that “bonus” isn’t a gift from the ATO, and how to shift your mindset so you actually do something useful with your refund. From common mistakes to hidden traps around HECS and second jobs, to the overlooked trick that lets you get your refund in advance, this episode is packed with insights that’ll help you make better money decisions.

They also break down the long-term power of investing your refund, how compound interest works in your favour, and how a simple plan can turn a small refund into serious wealth over time. Whether you’re getting $500 or $5,000 back, this episode will help you stop blowing your refund and start using it to get ahead.

Because it’s not a bonus. It’s your money. Use it like it matters.

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Get in touch with Josh:
Josh Lee - Director & Financial Adviser (linkwealth.com.au)
Get in touch with Billy:
https://calendly.com/billynorman/15-min-clarity-call?month=2025-02

Josh's TikTok: https://www.tiktok.com/@joshleefinadv
Billy's TikTok: https://www.tiktok.com/@billynormanfp

Sign up to Link Wealth Group’s newsletter, Wealth Simplified: https://www.linkwealth.com.au/newsletter

Our Financial Services + Credit Guide: https://www.linkwealth.com.au/fscg

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General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.