When following your Financial Game Plan, we support you with budgeting advice on where to save money to invest in your future. Some small and manageable changes can really amplify your ability to achieve your future goals.
Talk to us about how you can get your money working smarter, so you can live the life you want and provide the future for your family that they deserve.
Most people think of budgeting as being a painstaking process of not being able to spent money on things that make them happy. In our view, budgeting is all about knowing what you spend on essential living costs, such as food, clothing, utilities, and motor vehicle, and discretionary living needs, such as holidays, cars, and boats.
Once we know the amount spent on essential living needs and discretionary living needs, we are able to plan how each are met. Most people meet their essential living needs from the income stream they receive. If you are working this income stream will most likely come from your wages, and if you are retired your essential living needs are usually met from superannuation draw downs and net rental income.
In our Financial Game Plan Illustration, we identified that Martin and Tova have essential living needs of $240,000 per annum. They required $60,000 for an annual overseas ski holiday that was a non-negotiable, and had mortgage repayments of $205,123 per annum.
Our business model is to keep our practice small and manageable, with a focus on quality clients who have life aspirations that they wish to fulfil through money, advice and planning.
