A budget is the bread and butter of your financial plan, and an essential tool for anyone wanting to take back control of their money. But you don’t need to be living paycheck to paycheck to benefit from a quick look at your cash flow. Even if you’re happy with your current spending, it can be surprisingly helpful to break it down and see where your money actually goes. Many people find they’ve been too focused on pinching pennies in one area of their spending, when a small change somewhere else could be just as effective.
Simplify your options
Some financial decisions are simple. Others, like buying a home, need a bit more thought. Navigating the property market is one thing, but trying to figure out how a big change will affect the rest of your finances can be a minefield. Depending on your situation, you might need to consider how your choice will impact things like your budget, tax position, benefit eligibility or insurance requirements. Talking to an expert first can help you prevent unexpected problems further down the track.
Set goals that you can achieve
Goals give you direction and focus. We can help you set a series of goals that are specific, realistic and achievable, both now and in the future. Remember, budgeting isn’t about depriving yourself, it’s about making sure your everyday choices align with what’s really important to you. We want to help you feel in control of your money and ultimately give you the tools to make faster, smarter decisions about how you spend it.
A portfolio designed for you
Whether you’ve just inherited some money, or are looking to maximise your super, our investment process always starts in the same place – with you. In a friendly, one-on-one meeting we will discuss your financial needs in depth and devise a tailored solution to give you the best chance at financial independence.
Flexible, unrestricted investment options
Once we’ve got a full picture of your situation, we get to work on figuring out your investment options. We have a dedicated team that considers the full range of investments on the market before coming to you with recommendations. In the end the choice is yours, so if you don’t like what we recommend, we’ll go back to the drawing board until we find something that suits you.
Review and regular communication is the key to a long-term strategy. We provide regular reviews as needed to optimise your portfolio, and check in with you to make sure your investments still match your short- and long-term goals.
Lock in your future
It’s important to maximise your investment returns, but it’s just as vital to protect against the things you can’t control. Insurance meets this defensive portion of your financial plan. We can help you to manage the cost of insurance and find a sustainable level of cover that won’t prevent you from reaching your goals.
Simplify the process
Stepped premiums, TPD, critical illness…the insurance world is full of fine print and confusing definitions, so navigating it by yourself can really test your patience. Let us simplify the process to work out what you need and what you don’t, so there are no unexpected surprises if you ever need to claim. And we’ll continue to work with you throughout the life of the policy to ensure it always remains competitive and meets your changing needs.
Combine tax strategy with investment strategy
Your accountant does a great job of minimising your tax bill come June 30, but the decisions we make as your adviser will also have a big impact on how much tax you pay. Careful consideration of any potential tax implications is an essential part of all recommendations we make. We will work closely with your accountant to make sure your affairs stay as tax effective as possible.
The right time is now
Retirement might seem like a long way away, but the decisions you make (or don’t make!) early on will have a huge impact on where you end up in retirement. The earlier you come up with a strategy the better. On the flip side, if you’re approaching retirement and not quite sure where you stand, flying blind can often result in some very costly mistakes. Take the time to make these decisions now and you’ll reap the benefits when the time comes.
Make super work for you
The superannuation system provides one of your biggest opportunities to make an impact on your retirement savings. But along with opportunity comes complexity, and this unfortunately leads to most Australians ignoring their super. We know the system like the back of our hands and can recommend strategies that ensure you’re taking full advantage of what super has to offer
Retire on your own terms
As you approach retirement age, big decisions need to be made that require careful planning. Markets can change at the drop of a hat, and suddenly you’re left wondering if you need to stay in the workforce a bit longer. We can’t control the market, but we will help you design a pre-emptive strategy that minimises these risks, letting you retire on your own terms.
Structure is key
How do you ensure that your family will be looked after when you are gone? Preparing a will is a starting point, but ensuring it is executed according to your wishes can be difficult. Our advice will ensure your estate is appropriately structured to work in the best interests of all beneficiaries, by taking into account relevant tax laws, asset structure and appropriate legal representatives. Taking appropriate action now can ensure you and your family avoid unwelcome surprises when it might be too late.
Still not sure?
Don’t worry, your first consultation is completely free, where we can discuss any concerns you may have. Drop by our office, or we’ll come to you.