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5 reasons you may need a financial adviser

  • October 20

You’ve heard about these so-called financial advisers but don’t really know what they do. Here are 5 reasons why it may be worthwhile reaching out to a financial adviser.

1. You don’t know how much you spend or save each pay period OR you don’t know where your money is going

If you don’t understand your cashflow or you feel like you have no idea where your hard earned cash is going, then it’s time to get help! A financial adviser can guide you through your money decisions and help coach you into automating how your money is allocated each month. An even greater financial adviser will show you how to save for your BIG ticket items (like buying a property, going on that well deserved long vacation OR taking time off for that big career change you’ve been wanting for as long as you can remember!), whilst also being able to enjoy that bottle of red you’ve been holding off for all week long!

2. Money is left in cash earning you minimal

Perhaps you know where your cash is going and have money left over each month. But where is it going? If it’s left in the bank account it is most likely earning you very little – you’d be lucky to be getting 0.5 to 1% per annum. And guess what? Inflation is growing at the rate of 3.8% per annum. What does that mean? That $100 today, that you thought could buy you that really nice bottle of wine, isn’t actually going to be worth that in the future. Why? Because that bottle of wine is going to increase in value and if your cash has been left in the bank account with low interest rates, then it won’t have kept up with inflation. Now is the time to speak to a financial adviser about getting your money to work harder for you, while you sleep!

*(sourced from https://www.rba.gov.au/inflation/measures-cpi.html)

3. You feel like you are paying too much tax

You’re earning some really good dough but notice that each year your work colleagues talk about thousands they’ve received as a tax return, meanwhile you’ve pocketed a measly few hundred. What’s going on you ask? Reaching out to a financial adviser can help you determine if there are better ways or considerations to discuss with your accountant during tax time.

4. You have BIG dreams and don’t know how to get there

You might already know why you wake up each morning to go to work, and IF you don’t then it’s time to stop and move to point 5, and IF you do and you’re struggling to think about how to make this happen then perhaps it’s time to partner up with a financial adviser. A financial adviser can help you navigate through the options available to you and guide you through the pros, cons, risks and alternatives of each option. Ultimately this helps put you in the driver’s seat and helps you become more informed and confident in the decision you make to drive you forward in realising these dreams!

5. You are wondering what you are working for

Ever wake up and dread or wonder why you’re going to work? Yes you have bills to pay but what if you could make smarter money decisions and have your money working so hard for you that most if not all your bills could be paid from another source not related to your job? 

OR  maybe you love your job, but just don’t have anything to work towards or you are unsure what you should be aiming for. Speaking to a financial adviser can help you work through what is really important to you, prioritise any competing goals and most importantly keep you accountable! There’s no point knowing what you’re working towards and not moving forward to actually realising these goals in the future.

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  • Who We Are
  • How We Help You Live Your Best Life
    • Own your first property sooner
    • Smash down debt
    • Make your money work harder for you
    • Set up and protect your empire
    • Tax Planning
    • Cashflow
  • Learn And Grow
  • Let’s Connect
  • Who We Are
  • How We Help You Live Your Best Life
    • Own your first property sooner
    • Smash down debt
    • Make your money work harder for you
    • Set up and protect your empire
    • Tax Planning
    • Cashflow
  • Learn And Grow
  • Let’s Connect
Start Your Adventure