Lets call it “get rich slow” – regular savings are the first step towards any financial independence. We can help you establish good savings habits by looking at your current income and expenses and get into the rhythm of putting money away, even if it’s just modest amounts, as over time it will really add up. Then you will be able to start investing and put that money to work for you.
Boring but powerful. By paying out debt such as your home mortgage and personal loans (that type of debt which you cannot claim a tax deduction for) you can free up your cashflow to build your wealth. We have a look at ways of being able to focus on eradicating this type of debt from your life and set up a pathway to achieve the outcome.
You may be eligible to package your salary to improve your cashflow and balance your tax burden. Some employees are able to pay expenses before tax which can leave more money in your pocket at the end of the week to spend on other goals in your financial life. We calculate what the expected outcome of this strategy would be in your circumstances.