Should you outsource your financial future to a financial planner?

Should you outsource your financial future to a financial planner?

These days, we outsource a lot of tasks to external professionals. Due to the chaotic nature of the busy lives we lead, we rely more and more on professionals who have the experience, knowledge and most importantly, the time to get things done for us.

Simple things like getting your coffee foamed to perfection by your barista every morning on your way to work to having an accountant fill out your tax returns every financial year to taking your business shirts to be dry-cleaned every week.

The everyday tasks we outsource to experts are invaluable because it allows us to have more time to focus on the things that matter most to us, and on the things we’re good at and enjoying doing.

Sure, you can DIY financial planning  but at the end of the day, do you have the time and the expertise to do so?

When Should You Outsource your Financial Future Planning?

Ask yourself the following questions:

  1.     You can set goals on your own but how well can you execute them?
  2.     Do you have the time?
  3.     Do you have the expertise and the knowledge to do it well?
  4.    Can you keep up-to-date with the legislative changes around tax, superannuation and investing?

When it comes to finances and investing, not only is time essential but the knowledge and the know-how to get it done well is vital. You don’t want to make costly mistakes with your money.

The financial and investment world is ever so complex, and its’ complexity grows every day with changes to legislation and rules on taxes, superannuation and retirement planning strategies.

Even the professionals find it hard to keep up with all the changes to quickly process the changes, and understand the impacts upon individual situations. It reverts back to having the time to understand and execute changes effectively and efficiently.

For most investors and retirees, the question should not be: Do I need a trusted financial planner? but when should I seek one out and whom do I hire?

The Benefits of a Good Financial Planner

Partner up with a professional who is there with you for the long-term, and someone who is prepared to ride the waves with you during the good and the bad times.

Remember, the road to financial fulfillment is never going to be a straight line. It will be met with detours, roundabouts and at times backing out of one-way streets but you can feel confident in having a trusted financial coach with you,  guiding you through the obstacles and barriers to reach your end goals.

Finding that someone who is a high achiever themselves and someone who gets a buzz in kicking goals maybe the right type of a planner to encourage and motivate you.

You want someone who is energetic, a go-getter and a strategic thinker as well.

You want to be motivated and ‘coached’ like an elite athletic who cannot function without their personal coach.

A good planner goes beyond just traditional financial planning and wealth building responsibilities. Your ‘financial super-hero’ will pull you up, get you up when feeling down, cheer you on and urge you along to achieve your financial goals.

Consider your planner as an ally, your very own strategic planner and thinker as well as your financial ‘commander in charge’ executing your financial plans with you and for you.

It’s Your Life – Make the Most of It

When it comes to your financial life, someone has to do the work of planning ahead. If it’s not you, then hiring someone maybe a wise move.

If you don’t have the time nor the qualified expertise to plan your financial future then get a professional to help you do it.

You outsource everyday tasks to professionals to help manage your life so why wouldn’t you want to hire an expert to help you achieve the most important thing in your life? Like your financial security, independence and a lifestyle full of choices and opportunities?

Related Article: It’s your financial future, learn to plan for it, now!

For more help on reaching your financial goals, talk to a Dome Financial Adviser in Charlestown, Tamworth and Hunter Valley.

The information contained on this page is for discussion purposes only and is not intended to constitute financial product advice. It does not take into consideration any persons objectives, financial situation or needs. You should consider its appropriateness in light of your circumstances and consider seeking professional advice relevant to your individual before making a decision based on any information on this page.

Should you outsource your financial future to a financial planner?

These days, we outsource a lot of tasks to external professionals. Due to the chaotic nature of the busy lives we lead, we rely more and more on professionals who have the experience, knowledge and most importantly, the time to get things done for us. Simple things...
Read More

It’s your financial future, learn to plan for it, now!

It’s your future. Do something about it now. “It’s not the plan that’s important, it’s the planning.” - Graham Edwards You can have the best plan in the world but if you don’t act on it, why bother with one?   Top 5 Tips on How to plan for your financial future....
Read More

4 Financial Advice Musts I Would Tell My Younger Self

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Read More

Is it too late for financial advice in my 50s?

Are you suddenly feeling a bit nauseous and sick in the stomach as you’ve hit your 50s, and you feel like you don’t have much to retire on? Don’t panic. You are not alone but it’s a good wake up call to get things happening. You may have missed out on having the the...
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What does your retirement lifestyle look like?

When was the last time, you thought about what your retirement lifestyle would look like? Most people are busy and extremely time poor. Each working week passes quicker than the last, and before you know it, another year passes, and the new year starts all over again....
Read More

How to be financially happy?

Does earning a six figure income plus guarantee financial happiness? Apparently not so, as it seems the more money you earn the more lavish or ‘over the top’ your spending habit becomes. So what is the secret to financial happiness? Well, it may sound boring or a bit...
Read More

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When meeting clients, who are the children seeking aged care advice for their parents, they can look very confused, and emotionally stressed out. They don't know where to begin or how to go about things because Aged Care is such a foreign place for them, and...
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What are Australians' Top Financial Regrets? No one is perfect, and we can all admit to making poor decisions in our lives, and feel guilty about leaving things to later.  Well, it’s time to learn from mistakes and avoid the top 3 ‘financial’ regrets Australians are...
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P: 02 4969 7069 | 1300 723 300

E: admin@domefinancial.com.au

4 Financial Advice Musts I Would Tell My Younger Self

4 Financial Advice Musts I Would Tell My Younger Self

If I knew what I know now about  financial planning, what financial advice would I give to my younger self?

There are many wise words of wisdom I can roll through but four advice essentials really stick out, and they remain as relevant as ever.

Here are my 4 Financial Advice Musts I would tell my younger self:

 

1 . Don’t just spend, save a bit as well

When you’re young you feel like you have all the time in the world to conquer, have fun, splurge and splurge and splurge. Saving doesn’t come to mind. Why would you save? You are a teenager living at home and you’ve landed your first part-time job! Life is sweet and rosy. And yes, life is exciting and fun as it should be but if only I was wise enough to stash a little of my earnings away, what a difference, it would have made, financially when trying to get a head start in life. Those savings, that would have grown over the years thanks to the magic of compound interest, would have been handy when I was ready to buy my first place.

Even if it’s just a token amount you can save, get into the good habit of learning to save. This life skill will definitely make a difference to you when you need it the most. Learning to become a savvy saver, and letting the money work hard for you will surely place you over the line first in the financial race to get a head start in life than the ‘non-savers’.

 

  1. Learn how to make your money grow, harder & smarter!

If I was smart enough to stash a few bucks away then I wish I knew how to make my money work for me, and not  the other way around.

Instead of just saving my money in a bank account, I wish I knew that I could have diversified my savings into other areas that would have given my money the opportunity to grow my capital amount as well as earn income on my money. Income such as dividends from investing into shares. Yes, there are risks when it comes to investing in shares but there are risks in everything else as well but at least as a young person I would have had the most valuable thing called time on my side. Even if my shares took a hit, it wasn’t as if I would have invested all my savings into shares as I would have diversified, and the amount that was invested in shares had time to recover whatever falls  experienced in the share market, and the falls would only be on paper, as I would not have taken my money out when the market was down.

Learning to be a savvy saver and an investor does make a difference to you especially if you’re interested in getting a head start in life, financially and wisely.

 

  1.  Listen and learn from others

I wish I recognised and took heed of wise words and wise people around me when I was younger.  Even shadowing some of the self-control and discipline my parents showed when they were managing the family finances would have set me up with good life skills and habits that are still relevant and valid today.

When you’re young and starting to gain financial independence, you feel free and ready to conquer the world but taking the time out to learn from people’s life experiences and mistakes can help you to avoid those mistakes and make smarter life and financial decisions. Simple things like enjoy your life but be smart about listening to advice and learn to make smart financial decisions early on. Don’t waste time opportunities but make the most of it.

Learning to learn and wanting to learn early on can mean you are gaining the wisdom and the confidence to make good financial decisions that impact on your life choices later on.

 

  1. Be financially literate

Being financially literate early on can prove to be fruitful and rewarding later on. Even adults struggle to make a budget and stick to it, and some are challenged when it comes to understanding things like income is money coming in and expenses are monies going out, credit is not money you own but one you borrow from banks or financial institutions and they come with high interest costs, and a debit card is vastly different from a credit card.

Things like if you spend more than you earn you might end up owing money if you rely on credit to fund your lifestyle. Understanding these basic financial facts can help you to make wise decisions about your personal finances.

Get clued up early on so you can make the most of your youth and time to invest and make smart decisions early on to enjoy a rewarding life later on filled with lifestyle choices not restrictions.

Related Article: Do you know when to seek financial advice?

 

For more help on reaching your financial goals, talk to a Dome Financial Adviser in Charlestown, Tamworth and Hunter Valley.

The information contained on this page is for discussion purposes only and is not intended to constitute financial product advice. It does not take into consideration any persons objectives, financial situation or needs. You should consider its appropriateness in light of your circumstances and consider seeking professional advice relevant to your individual before making a decision based on any information on this page.

 

Should you outsource your financial future to a financial planner?

These days, we outsource a lot of tasks to external professionals. Due to the chaotic nature of the busy lives we lead, we rely more and more on professionals who have the experience, knowledge and most importantly, the time to get things done for us. Simple things...
Read More

It’s your financial future, learn to plan for it, now!

It’s your future. Do something about it now. “It’s not the plan that’s important, it’s the planning.” - Graham Edwards You can have the best plan in the world but if you don’t act on it, why bother with one?   Top 5 Tips on How to plan for your financial future....
Read More

4 Financial Advice Musts I Would Tell My Younger Self

If I knew what I know now about  financial planning, what financial advice would I give to my younger self? There are many wise words of wisdom I can roll through but four advice essentials really stick out, and they remain as relevant as ever. Here are my 4 Financial...
Read More

Is it too late for financial advice in my 50s?

Are you suddenly feeling a bit nauseous and sick in the stomach as you’ve hit your 50s, and you feel like you don’t have much to retire on? Don’t panic. You are not alone but it’s a good wake up call to get things happening. You may have missed out on having the the...
Read More

What does your retirement lifestyle look like?

When was the last time, you thought about what your retirement lifestyle would look like? Most people are busy and extremely time poor. Each working week passes quicker than the last, and before you know it, another year passes, and the new year starts all over again....
Read More

How to be financially happy?

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Read More

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When meeting clients, who are the children seeking aged care advice for their parents, they can look very confused, and emotionally stressed out. They don't know where to begin or how to go about things because Aged Care is such a foreign place for them, and...
Read More

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What are Australians' Top Financial Regrets? No one is perfect, and we can all admit to making poor decisions in our lives, and feel guilty about leaving things to later.  Well, it’s time to learn from mistakes and avoid the top 3 ‘financial’ regrets Australians are...
Read More

P: 02 4969 7069 | 1300 723 300

E: admin@domefinancial.com.au

Is it too late for financial advice in my 50s?

Is it too late for financial advice in my 50s?

Are you suddenly feeling a bit nauseous and sick in the stomach as you’ve hit your 50s, and you feel like you don’t have much to retire on?

Don’t panic. You are not alone but it’s a good wake up call to get things happening. You may have missed out on having the the luxury of time to build and grow your savings over your working years but it doesn’t mean all is lost.

This might be the right time and more importantly as you’re feeling a sense of urgency this maybe the perfect great motivator to get things going.

 

Related Article: Australians’ Top Financial Regrets

 

Here are 5 simple financial tips to consider:

 

  1.   Be calm and start thinking about you

The last thing you want to do is to get yourself all worked up and stressed. Remain calm and composed, and focus on the important things that matter to you, now.  Use this sense of urgency to act as a great motivator to start looking after yourself now to set yourself up nicely for the future!

Do something and take the next step.

 

Related Article: How to be financially happy?

  1.  Be brave and ask for help

Do you feel confused and a bit lost in not knowing where and how to begin your retirement planning process? If you do feel overwhelmed and not sure on what to do then speak to friends for referrals to financial advisers they rate highly, and would recommend with utmost confidence and trust.

These days, there are a lot of people you can seek help from and receive expert advice on financial matters especially on important life events like your retirement happiness and comfort.

Some people who are suddenly faced with the daunting task of retiring can become stuck in knowing what their retirement goals are and what kind of a retirement lifestyle they would like. When it comes to working out what your goals are and whether you can afford to retire now or not, a trusted financial adviser can help to draw a big picture of what retirement could look like versus what you will need to do now to manage any gaps and affordability issues.

Speaking to a financial adviser can give you the confidence you need to start making positive and smart financial decisions which will remove the cloud of confusion and add some clarity with a robust plan of attack to pursue.

 

  1. Be prepared to roll up your sleeves

Depending on what your retirement goals are, and what you currently have saved, don’t lose heart but be ever more prepared to fight with gusto and determination, if you are told you may need to work longer,  and if you are put on a strict savings plan by your adviser.

It’s never too late to start planning but it does mean you may have to work harder to catch up on time lost to build up your savings as much as possible now and be prepared to face reality that you may have to delay your retirement until you have caught up with your savings.

 

  1.  Do you really need to splurge on a new car?

To boost your retirement savings plan, it maybe a wise move to cut down on big item purchases if it’s not a necessity. Do you really need to splurge on a new car, buy a boat or go on a 5-star world holiday?  If the answer is no, then stop the splurge and be frugal and think about your retirement plans.

Becoming ruthless with how you spend your money can really help to boost your retirement savings so you can reach your end goal. Some sacrifices made now could mean you can afford to treat yourself later in life and truly enjoy a relaxing retirement without too many financial shoestrings to worry about.

 

  1. Stick to your plan

Temptations will be plenty but don’t get fooled into straying off your retirement plan. Yes, there will be times where you feel you deserve a treat for all the hard work and extra savings you are making but don’t take your foot off the pedal completely. A nice movie night out is fun and best of all not as expensive as going fine dining. Celebrate your savings milestones but don’t be too over the top about it.

Touch base with your adviser regularly to ensure the plan is working and review it for any tweaks or adjustments required but most of all update your adviser with any major personal or financial changes that may occur as these can impact upon your retirement plans.

Hopefully these 5 simple financial tips can help to kick your retirement goals with a bang and out you on the right track towards to your retirement lifestyle.

Please ensure you seek advice now before it really is too late!

For more help on reaching your  goals, talk to a Dome Financial Adviser in Charlestown, Tamworth and Hunter Valley.

The information contained on this page is for discussion purposes only and is not intended to constitute financial product advice. It does not take into consideration any persons objectives, financial situation or needs. You should consider its appropriateness in light of your circumstances and consider seeking professional advice relevant to your individual before making a decision based on any information on this page.

 

Should you outsource your financial future to a financial planner?

These days, we outsource a lot of tasks to external professionals. Due to the chaotic nature of the busy lives we lead, we rely more and more on professionals who have the experience, knowledge and most importantly, the time to get things done for us. Simple things...
Read More

It’s your financial future, learn to plan for it, now!

It’s your future. Do something about it now. “It’s not the plan that’s important, it’s the planning.” - Graham Edwards You can have the best plan in the world but if you don’t act on it, why bother with one?   Top 5 Tips on How to plan for your financial future....
Read More

4 Financial Advice Musts I Would Tell My Younger Self

If I knew what I know now about  financial planning, what financial advice would I give to my younger self? There are many wise words of wisdom I can roll through but four advice essentials really stick out, and they remain as relevant as ever. Here are my 4 Financial...
Read More

Is it too late for financial advice in my 50s?

Are you suddenly feeling a bit nauseous and sick in the stomach as you’ve hit your 50s, and you feel like you don’t have much to retire on? Don’t panic. You are not alone but it’s a good wake up call to get things happening. You may have missed out on having the the...
Read More

What does your retirement lifestyle look like?

When was the last time, you thought about what your retirement lifestyle would look like? Most people are busy and extremely time poor. Each working week passes quicker than the last, and before you know it, another year passes, and the new year starts all over again....
Read More

How to be financially happy?

Does earning a six figure income plus guarantee financial happiness? Apparently not so, as it seems the more money you earn the more lavish or ‘over the top’ your spending habit becomes. So what is the secret to financial happiness? Well, it may sound boring or a bit...
Read More

What to know when parents need Aged Care?

When meeting clients, who are the children seeking aged care advice for their parents, they can look very confused, and emotionally stressed out. They don't know where to begin or how to go about things because Aged Care is such a foreign place for them, and...
Read More

Australians’ Top Financial Regrets | Dome Financial Group

What are Australians' Top Financial Regrets? No one is perfect, and we can all admit to making poor decisions in our lives, and feel guilty about leaving things to later.  Well, it’s time to learn from mistakes and avoid the top 3 ‘financial’ regrets Australians are...
Read More

P: 02 4969 7069 | 1300 723 300

E: admin@domefinancial.com.au

How to be financially happy?

How to be financially happy?

Does earning a six figure income plus guarantee financial happiness? Apparently not so, as it seems the more money you earn the more lavish or ‘over the top’ your spending habit becomes. So what is the secret to financial happiness? Well, it may sound boring or a bit like ‘I told you so’ but being organised and having good money management skills can help to reduce financial stresses and put a smile of relief and happiness back on your face!

So here are some simple and good old fashioned tips on how to be financially happy!

Get organised

Don’t place yourself in a chaotic situation where you have bills or statements flying in everywhere and you lose track of what needs to be paid and by when. Best to get organised to avoid late bill payment fees. Get a filing system set up or better yet use an app or an online calendar to schedule a Bill Due Date event with reminders set, to alert you of when the bills are due.

Being organised will make you feel better, avoid paying unnecessary fees and start to develop an interest in your finances.

Track your financial habits

You may be surprised to learn about your financial habits. It might be a positive surprise or it may turn out to be a nasty shock. But perhaps a wake up call is what you need to get you sitting upright and pay attention to your financial habits.

These days banks provide apps that enable you to track and understand your spending habit and trends. The more you know about your finances the more control you have to help you make smarter financial decisions.

Learn to identify your spending triggers and start building more positive financial habits.

Self-control

Now that you have identified what you spend your money on, is it time to test your self-control and stop making impulse led purchases?

According to research, impulsive buyers lack self-discipline and buy things on a whim even when they are already overloaded with debt. It seems they cannot break out of a vicious cycle of overspending, accruing unnecessary additional debt, collecting more clutter or unused items, having frequent family arguments which eventually leads to stress, low self-esteem and unhappiness.

If you don’t want to sabotage your own prosperity then lose the ‘I want it now syndrome’. Stop spending beyond your means and start prioritising your spending needs!

As a university professor of Human Behaviour explains  ‘small acts of self control build over time’ so it’s recommended to take baby steps first rather than jump into the deep end and sink with frustration and too hard attitude. As your self-control gradually builds up in one area this according to researchers can spread to improve other parts of your life.

Don’t procrastinate!

Don’t just read, act now. The longer you put it off the harder it gets to find the time and the motivation to make a change. Every day you think about ‘I need to get on top of things’ is precious time lost so have the courage to take back your financial happiness and peace, now not later!

Do you need some helpful money management tips? Our professional advisers would be happy to point some out.

Talk to a Dome Financial Adviser in Charlestown, Tamworth and Hunter Valley.

The information contained on this page is for discussion purposes only and is not intended to constitute financial product advice. It does not take into consideration any persons objectives, financial situation or needs. You should consider its appropriateness in light of your circumstances and consider seeking professional advice relevant to your individual before making a decision based on any information on this page.

Should you outsource your financial future to a financial planner?

These days, we outsource a lot of tasks to external professionals. Due to the chaotic nature of the busy lives we lead, we rely more and more on professionals who have the experience, knowledge and most importantly, the time to get things done for us. Simple things...
Read More

It’s your financial future, learn to plan for it, now!

It’s your future. Do something about it now. “It’s not the plan that’s important, it’s the planning.” - Graham Edwards You can have the best plan in the world but if you don’t act on it, why bother with one?   Top 5 Tips on How to plan for your financial future....
Read More

4 Financial Advice Musts I Would Tell My Younger Self

If I knew what I know now about  financial planning, what financial advice would I give to my younger self? There are many wise words of wisdom I can roll through but four advice essentials really stick out, and they remain as relevant as ever. Here are my 4 Financial...
Read More

Is it too late for financial advice in my 50s?

Are you suddenly feeling a bit nauseous and sick in the stomach as you’ve hit your 50s, and you feel like you don’t have much to retire on? Don’t panic. You are not alone but it’s a good wake up call to get things happening. You may have missed out on having the the...
Read More

What does your retirement lifestyle look like?

When was the last time, you thought about what your retirement lifestyle would look like? Most people are busy and extremely time poor. Each working week passes quicker than the last, and before you know it, another year passes, and the new year starts all over again....
Read More

How to be financially happy?

Does earning a six figure income plus guarantee financial happiness? Apparently not so, as it seems the more money you earn the more lavish or ‘over the top’ your spending habit becomes. So what is the secret to financial happiness? Well, it may sound boring or a bit...
Read More

What to know when parents need Aged Care?

When meeting clients, who are the children seeking aged care advice for their parents, they can look very confused, and emotionally stressed out. They don't know where to begin or how to go about things because Aged Care is such a foreign place for them, and...
Read More

Australians’ Top Financial Regrets | Dome Financial Group

What are Australians' Top Financial Regrets? No one is perfect, and we can all admit to making poor decisions in our lives, and feel guilty about leaving things to later.  Well, it’s time to learn from mistakes and avoid the top 3 ‘financial’ regrets Australians are...
Read More

P: 02 4969 7069 | 1300 723 300

E: admin@domefinancial.com.au

Why should you care about financial planning?

Why should you care about financial planning?

Financial Planning is still an unknown topic for those who do not have a relationship with a financial planner, and many people still ignore the importance of planning for their financial security and future.

So, let’s break ‘financial planning’ down into easy understandable chunks, and highlight why you should care about financial planning for your future wellbeing and happiness.

What is financial planning?

Financial planning is all about YOU, and what you want to achieve financially for you and your family.

It’s not about which investments you should have or which managed fund you should invest into or which stock or shares you should buy and sell.

It is more than that. It has emotional value attached to it, and it has everything to do with what YOU want to achieve in life, and what means the most to you.

It’s planning for your future. It’s about painting a ‘big picture’ of your goals, dreams and objectives so that a roadmap can be designed to help you navigate your way to to your ‘big picture’ destination.

What do you want out of life?

Financial planning is about helping you determine your own answers to this question.

It’s about taking the time out of busy chaotic lives, and focusing your thoughts on one’s situation first, and laying down the steps for a future of financial independence.

Why?

To be able to do what you want in life minus the financial constraints.

Financial planning should be a priority whether you’ve just got your first job to starting a family to looking at retirement options. As they say, the earlier you start planning and caring for your future, the better prepared and organised you will be to give yourself an edge or a head start in life that could prove to be the difference in achieving financial independence over financial dependence.

Can you do it alone?

Yes, but do you have the expertise, skills and the strategic knowledge to do a proper job on your own?

And, what about time?

It’s hard enough holding up a full-time job, balancing family commitments with work, and don’t forget your weekends are taken up with sporting activities, chauffeuring your kids from one birthday party to another, and getting ready for the week to start again.

Anything can be done on your own, but when it comes to specialist knowledge based advice, you’d want to make sure you’re getting professional advice that is right for you, personalised to your situation, and most importantly, one that is strategically designed to help you achieve your goals and objectives.

Engaging a trusted professional adviser can make the process easier, and you get your own dedicated ‘coach’ to keep you on track and accountable.  This relationship can be priceless when it comes to turning your financial aspirations into reality.

Don’t forget, YOU are in the centre of planning for your financial future. All planning should revolve around you and your family.

Planning is about guiding you to your desired financial destination.

For more help on your financial planning goals, talk to a Dome Financial Adviser.

The information contained on this page is for discussion purposes only and is not intended to constitute financial product advice. It does not take into consideration any persons objectives, financial situation or needs. You should consider its appropriateness in light of your circumstances and consider seeking professional advice relevant to your individual before making a decision based on any information on this page.

 

Do you know when to seek financial advice?

Do you know when to seek financial advice?

Do you know that, when your personal life changes or when you reach important life milestones, your financial life changes with you?

Seeking advice at those crucial life changing moments can have a huge impact on your financial situation, and you want to be able to make smart financial decisions with confidence to enhance your life further, and not hinder it.

When your life changes or when you experience certain life events or milestones, this is when you want to collaborate with a planner.

A financial planner can be your ‘sounding board’ to discuss your changed circumstances or they can be your financial coach. They can explain the different financial choices available to you, and help you make smart financial decisions.

Top 10 Life Events when you might need advice

As you grow up, finish school, get your first job, marry, have a family and then retire, these are the life milestones when financial advice can help you to be prepared financially to celebrate your important moments with confidence.

1. Starting Work

Why do I need advice when I’m young, healthy and carefree?

Getting your first job is an exciting time, and an important milestone. Even when you think you may not need advice at such an early stage of your life, knowing how to protect your income, or how to save and invest your surplus income is all about getting ahead, and planning for a brighter financial future.

2. Getting Married

When do we want to start a family?

It’s a wonderful time in your life, bringing about big changes for you and for your new partner. It’s also a great time to start planning your future together, and working out what your ‘big picture’ future might look like. Talking to a planner may help you to define your goals as a couple, and careful consideration will help you map out your long-term financial success.

3. Buying your first home

How do I save for a deposit?

When thinking about buying your first home, it’s a huge financial decision you will make. A new home equals a major milestone as well as one of the biggest investments you will make. Collaborating with a planner on important financial goals like saving for a deposit, budgeting and knowing how to best manage finances,  can definitely give you financial confidence.

4. Starting a Family

How can I send my kids to private schools?

When sounds of ‘pitter patter’ can be heard, it’s also a timely reminder for you to start planning and thinking about your family needs in the future. Things like how to manage finances and budgeting especially when two incomes can drop to one, and knowing how to start an education fund, and how to protect your family especially with the arrival of your ‘precious bundle’.

5. Protecting your family

How will I look after my family if I lose my income?

When you’re working hard to look after your family, and to build a better future for later, this is an important time to think about how to safeguard your family, and your financial assets like your home. A planner can minimise your financial concerns if and when unexpected events affect your family. Being prepared for unforeseen events means protecting what matters most in your life.

6. Mature Family

Can I afford to retire comfortably?

When your children are ready to leave the ‘nest’, it’s a great time to put the focus back on you, and to think about planning for your retirement. Reviewing your personal and financial situation with a planner at this critical time can help you understand what you need to do to get your retirement plans in place. Planning early can mean being able to secure a lifestyle you want later.

7. Receiving an Inheritance

Do I invest my inheritance or do I pay off my debts?

Inheriting money can be an unexpected surprise, and at the same time it can bring some financial stress. What to do with the money? How do I best invest or utilise the money? These are some of the questions you may face but it doesn’t mean you have to suffer them alone. Seeking advice from a planner who understands your situation and your future goals can help you to make the right financial decisions.

8. Job Loss

How can I be financially prepared if I lose my job?

In today’s ever changing corporate environment, being made redundant or losing your job is a reality you may be faced with. It is at this point, you need to be able to assess your situation and discuss your circumstances with a planner who can help  to put an immediate action plan into place. Being financially organised and knowing how to manage your situation will give you the assurance you need to overcome the difficult life challenge, and focus on your future goals.

9. Getting ready to retire

Can I afford to retire now?

Don’t leave it to the last minute to start thinking about your retirement. The earlier you think about it, the better prepared you will be to give yourself the best chance of actually realising your retirement goals. Talking to a planner at this crucial time in your life can help you to understand the clear steps or actions you need to take now for a better future down the road. Being able to visualise what you need to do now, and what you could actually achieve later will definitely give you the motivation to stick to your retirement plan.

10. Legacy

How can I help secure my children’s future?

You have worked hard all your life so knowing how to pass your assets to your children or family members is an important part of the financial planning process. Talking to a planner who can give you specific advice on the importance of Wills  and other estate planning issues to consider may mean you can help your children and other beneficiaries with clarity and with minimal financial disruption.

As you can see there are countless reasons why advice is an important factor throughout your life. Having a long-term values based relationship with a trusted planner can make a difference in the quality of lifestyle you achieve today and later.