Thinking about financial advice, but not sure it’s for you? It is a common misconception that financial advice is only for the wealthy. In reality, financial advice is valuable for anyone with an income, especially during major life milestones, such as:
1. buying a house
2. getting married
3. having children
4. becoming the sole breadwinner or experiencing a significant increase or decrease in income
5. divorcing
6. receiving an inheritance or redundancy payment, or
7. retiring.
To achieve your financial goals and live the life you want, you need careful planning. A financial planner can help you set your financial goals, educate you about financial matters, and provide you with an action plan to assist with your decision making.
Financial planning can help you navigate various aspects of personal finance, including:
- life insurance and assisting with life insurance claims
- superannuation contribution and investment strategies
- wealth building and creating an investment portfolio
- education funding
- management of windfalls, such as an inheritance or redundancy payment
- debt management
- minimising tax in relation to superannuation and investment strategies
- retirement planning
As you move through life, it is good to have a financial planner in your corner, to help you navigate through life’s planned and unexpected changes and big financial decisions.
Having a financial plan in place not only provides a sense of security, but also enhances your overall health and wellbeing. By taking control of your finances, you can alleviate anxiety, gain peace of mind, and pave the way for the future you want.
