CREATING AND GROWING WEALTH

Because money multiplies in good hands.

COMPLIMENTARY CONSULTATION

OVERVIEW

When it comes to growing wealth, it is important to remember that these: that there is no single right way to build wealth; that the sooner you start, the better; that you do not have to always compromise on your lifestyle choices; and that the process is a marathon, not a sprint.

HOW DO YOU CREATE AND GROW WEALTH?

“The person who doesn’t know where his next dollar is coming from usually doesn’t know where his last dollar went.”

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Creating and growing wealth are terms representing the collective strategies that we encourage clients to implement for the purpose of meeting their goals. Take note that assets include money, and money – when managed properly – can help build additional assets allowing you to achieve the lifestyle that you are seeking.

Some of the strategies that fall under the concept of growing wealth include, building savings, clearing debt, investing, building super, minimising tax, protection planning, estate planning, and regular financial reviews.

A strategy may seem irrelevant at first glance but when implemented alongside other strategies for growing wealth, the impact can be relevant. It can lead to financial milestones and to results that exceed expectations.

Overall, the goal of growing wealth is to help you build financial abundance and security. With abundance and security, making work optional becomes possible.

WHAT ARE THE PRINCIPLES OF CREATING WEALTH?

icon for principles of creating wealth: money has a purpose

MONEY HAS A PURPOSE

The purpose is creating value by improving the lives of others. In the process, your life will improve as well.

icon for principles of creating wealth: proper mindset is critical

PROPER MINDSET IS CRUCIAL

This mindset is a function of positive belief, intent, and motivation. Together, they lead to the third principle.

icon for principles of creating wealth: financial education is a must

FINANCIAL EDUCATION IS NECESSARY

Without financial education, action lacks direction. To create wealth, you need a clear destination.

WHAT ARE THE PRINCIPLES OF GROWING WEALTH?

icon for principles of growing wealth: pay yourself first

PAY YOURSELF FIRST

You can’t grow your wealth if you don’t assign a job to every dollar. Its biggest job should be to sit in a savings account for future use.

icon for principles of growing wealth: spend less than you earn

SPEND LESS THAN YOU EARN

Said otherwise, don’t spend what you have not earned yet. When you’ve earned it, don’t spend it all. You can’t fill a bucket with a whole.

icon for principles of growing wealth: invest in education

INVEST IN EDUCATION

Growing wealth can become an illusion when you think of it more as a lifestyle than a destination. Educate yourself with the ways of money.

current WEALTH trends

From the ABS Survey of Income and Housing and researchers from the University of Melbourne

mean household net worth in 2017-2018

median weekly gross household income in 2017-2018

mean weekly gross household income in 2017-2018

not saving enough as a top financial regret

median household net worth in 2017-2018

not learning more about finances as another financial regret

HOW DO I GET STARTED?

Getting started on wealth creation and growth is simple. All you need to do is to contact us and then we can get the ball rolling for you. You can also take our Financial Goals Assessment Tool to explore the different aspects of your financial life.

SERVICE INCLUSIONS

Our specialist service includes, but are not limited to:

  • Investing funds in an investment account, ensuring they are structured in a tax-effective manner.
  • Improving your overall superannuation position through salary sacrificing, moving assets, maximising self-managed super fund (SMSF) benefits, and commencing pension accounts.
  • Optimising your capacity to earn through utilising surplus income.
  • Maximising your overall personal and family financial position.
  • Structuring and repay debt effectively.

RELATED SERVICES

RETIREMENT PLANNING AND SUPERANNUATION

Cashflow Management

Investment Planning and Strategy

BOOK YOUR COMPLIMENTARY FIRST APPOINTMENT TODAY