A Numbers Game
by Norman Goh
Adulting is hard, and to paraphrase Daniel Defoe and Benjamin Franklin, “Nothing in this world is certain, except death and taxes”.
What if I told you, that you could throw ‘guaranteed savings’ into that phrase as well?
This sounds like a corny sales pitch to get you to sign-up to something. It is. Most medium to large businesses in Australia (e.g. Coles, Woolies, Qantas etc.) have member rewards programs which offer savings and discounts, targeted mostly at repeat business.
What if I told you, Professionals Australia offers you savings and discounts that are agnostic and span most of the popular brands and outlets in Australia.
What if I then told you, you get a tax break as well?
Too good to be true?
Well… read on and prepare to have your mind blown.
1. The tax break
As with any union membership, the Professionals Australia annual membership fee is a tax deductible work expense. One BIG benefit of being a Professionals Australia member is you then get access to a huge range of discounted gift cards and other savings that could theoretically cover your annual membership fee or more. This means, you get tax deductions on your savings. Imagine joining Costco for $60 a year, getting access to a bunch of discounted items over the year which saves you over $60 and then being able to claim the membership fee as a tax deduction. Yes please!
2. Easy money
I can’t speak for everyone, but the numbers don’t lie. I’ve only been a Professionals Australia member for 5 months (at the time of writing this article) and I have saved approximately $180. This is mostly attributed to the 5% discounted Coles and Woolies e-gift cards that I now have access to for my weekly grocery shop. Imagine getting $5 back for every $100 on your weekly grocery bill, on top of your normal weekly specials AND you still get to collect your Flybuys and Everyday Rewards points as per normal. Also, I’ve only been shopping for 2 adults and we eat out half the time. Imagine the savings on feeding an average family of
4… with TEENAGERS.
3. More easy money
I’ve only just dipped my toe into the discounted gift cards game. There are still a lot more I have yet to get into.
In general, here are the savings you can expect:
- Alcohol 5% off
- Fuel 5% off
- Electronics 5% off
- Retail up to 9% off
And remember, this is on top of any sales and discounts at the time because you are using a gift card that was purchased at a discount.
There are also dining, travel, finance and insurance specials you can get access to as a Professionals Australia Member.
So what are you waiting for? Time to sign-up. I’m waiting for Boxing Day sales.