There are many competing demands for our money when we’re just starting out with our careers – not to mention the temptation to splurge on overseas travel, shopping and entertainment. Retirement may seem like a long way off but the sooner you start planning a secure financial future the sooner it happens.
Taking a disciplined approach to managing your money makes good sense. Whether you’re saving for a new car or your first home, an effective cash management plan can help you to reach these goals sooner. It will also give you a clearer understanding of where your money is going.
At this stage in life, your ability to earn an income is crucial to your financial security. Should an unexpected illness or injury strike, it’s essential to have the right type and level of insurance cover to support you and any dependents financially if you’re unable to work. It’s a small price to pay for financial peace of mind.
Few of us would leave home without home and contents insurance or drive to work without motor vehicle insurance, yet many of us overlook our most important asset: our ability to earn an income.
Having the right insurance cover for you and your family can provide a great deal of comfort and financial security should an unexpected illness, injury or worse leave the main income earner unable to work temporarily or permanently.
With many of us dependent on a regular income to cover the cost of day to day expenses, rent or mortgage repayments and personal loan or credit card debt, insurance cover makes good sense.
While nothing can replace the loss of a loved one or compensate a permanent disability, it can be reassuring to know that you’ve done everything you can to protect the financial wellbeing of those you care for should the unexpected strike.
Few of us like to contemplate our own mortality or cognitive decline as we age, and yet this is why so many families are ill-prepared when incapacity or death eventuates.
This is where an estate plan can help. Estate planning is the process of clarifying and documenting how and when you would like your estate to be passed to your beneficiaries at the time of your passing. It also involves making sure this occurs in the most tax-effective way.
While many of us are familiar with the importance of having a legal will, the difference between a will and an estate plan is that an estate plan is a comprehensive plan that includes documents that are effective during your lifetime whereas a will only takes effect at the time of your passing.
Together these documents outline who has the power to make healthcare and financial decisions on your behalf during your life, and who receives your assets at the time of your death.
With our guidance, we will take you through everything you need to consider and make sure that the things most important to you are covered.
Six-step advice process to provide efficient, compliant & quality advice tailored to your personal circumstances.
Six-step advice process to provide efficient, compliant & quality advice tailored to your personal circumstances.
Six-step advice process to provide efficient, compliant & quality advice tailored to your personal circumstances.
Six-step advice process to provide efficient, compliant & quality advice tailored to your personal circumstances.
Six-step advice process to provide efficient, compliant & quality advice tailored to your personal circumstances.
Six-step advice process to provide efficient, compliant & quality advice tailored to your personal circumstances.
