Many of us have a picture of what our ideal life would look like. A comfortable life, where we have the means to do whatever we want to, without worrying about money being a limiting factor.
It’s all about ensuring that you have the money, power and ultimately the freedom to live the life you want.
The good news is, that if you have a desire to live a life not limited by money and you’re prepared to build the systems you need to get there, you can. Here’s how.
Before we can answer questions on how you can grow your wealth to build your ideal life, we need to know what that looks like for you.
We’ll work together to uncover what your ideal future looks like, then break down the big picture into a set of achievable goals to make sure you get there.
Understanding where you are right now
Getting started on the journey towards your ideal life begins with understanding where you currently are. We’ll take a look at:
- Spending habits
- Super balance
This is a completely non-judgemental process – there’s no right or wrong place to start, only your place to start.
Budgeting, Banking, Spending & Saving
Money comes into our lives every day and the way we handle it has an enormous impact on our well being.
You’ll be armed with an easy-to-use smartphone app that pulls in your bank accounts and groups your spending, so we can understand your money habits and ensure you’re doing what you need to build towards your ideal life.
The not-so-secret secret to building wealth is to let the market do the hard work for you.
With a clear picture of your ideal future, your goals mapped out, your money habits identified and optimised, we can design a customised investment portfolio to help you achieve your goals.
We’ll tell you the best combination of investment types (think direct shares, exchange traded funds, managed funds and so on) and asset classes (such as Australian and international shares, cash, bonds and property) to invest in. We show you how to manage the risks so that you can enjoy the rewards.
We will arrange the investments on your behalf, and proactively manage and monitor your portfolio so that it grows and changes to suit your changing needs.
For many of us property is a big part of the picture when we imagine our ideal life. Whether a home or investment, owning a property has huge intrinsic value and can offer financial and emotional security.
But buying or selling a property is a major decision involving eye-wateringly large sums of money. For lots of us, this will be one of the biggest transactions we will ever enter into.
We can help you figure out how to save your deposit, how much to borrow and how to structure and repay your loan. We will walk you through the process to make it as simple as possible.
Tax is definitely not the most exciting part of our jobs, but it is one of the most important and one of the most effective ways of ensuring you can retain more of your income and wealth.
We know what the rules are, and how to use them to your best advantage. And we keep on top of the changes and help you adapt your strategy as necessary.
Super & Retirement
Not all supers are the same, and making smart choices now can make a huge difference to achieving your ideal life in the future.
With 10% of your income going into superannuation, it’s likely that it will become either your largest or second largest asset (after or in-front of your home).
Plus, super has some of the best tax incentives on offer – by putting extra money into your super fund you can reduce the tax you pay now, while securing a higher income for yourself in retirement.
We can help you make sure you have the right fund, the right investments, that you’re putting the right amount in and using all of the tax benefits available to you to ensure that your super is growing as it should.
Taking out insurance for unexpected events such as an accident, illness or early death is the best way to protect yourself, your family and your wealth. The last thing you want to be worrying about should something happen is how you will pay your bills or keep a roof over your head.
If you’d like to ensure you’re doing what you need to build your ideal life – one not limited by money – then I’d love to have a chat.
Whether it’s to answer a quick question or to begin working together, just drop me a line: