Without getting into the politics of it all, Premier Anna Bligh's policy was simply to think ahead to make sure we can pay to educate our children when the time comes.
By just about every measurement we have available to us, education improves the quality of lives. Children who are better educated tend to live better, healthier and happier lives.
At Intellichoice we don't believe in waiting for politicians to get their act together for us.
Instead we have created our EGG (Education Growth Gift). It is an Education Savings Plan designed for parents and grandparents to contribute money which they know will go towards the education of the child.
Many of our clients choose to deposit a lump sum and many others choose to deposit ongoing amounts over the years. The secret is to start early and to choose a product that you know is designed to help you achieve your goals.
Budget? Never had one in my life!
1. Congratulations for getting this far without one. For most of us, a budget of some sort is an essential guide to making the most out of our income. We also rely on budgeting to achieve short and long-term goals. Without a budget, it can be hard to keep track of day-to-day expenses, let alone being able to cope with the unexpected.
2. We've got no spare money – I'm in debt up to my eyeballs
Has anyone got a sizeable chunk of spare money hanging round? I can only think of Bill Gates and Donald Trump, and they’re way out of my league. However if you’re battling debt and your credit cards are out of control, maybe it’s time to reassess how you are living. You might be surprised how much money you ‘waste’ which could be put to better use by saving for a set goal or protecting your income.
3. I’m too busy, I’ll get around to it another day
You’re not alone in being time poor. It’s the biggest scourge of the modern working world and, as with everything else; you’ve got to make time. It’s your life, your family, your dreams and goals. Surely, some thinking time to put it all in perspective is not too much to ask?
4. I won’t understand all the jargon
That’s what a licensed financial planner is there for – to translate any jargon into plain English you can understand. Of course, the more you prepare for your first meeting with a planner, the more comfortable you will be. It’s not hard or intimidating, and planners love plenty of questions.
5. My husband/wife handles the money side of things
That’s not a problem but if you’re not sure what measures your partner has put in place for your future security, perhaps the two of you should sit down together and discuss your finances in detail. Personal goals change at every stage of life so it’s a positive move to think about where you are at now and the lifestyle you want in retirement.
6. My accountant looks after all that
An accountant’s qualifications are very different to those of a licensed financial planner. Putting all your eggs in the one basket can mean you’re missing out on important industry developments.
Superannuation is something to worry about when I am older.
Very true and it will be very worrying if you don’t start early. No matter how small the contribution, the earlier you start the less worry you will have as you get older. The government is encouraging us all to fund our own retirement. A licensed financial planner keeps up with all the changes and opportunities that will best assist you to be financially worry-free at retirement.
If you’re looking to increase your wealth, you need to understand how to clearly define realistic goals and to design a plan that will enable you to do it. Some people think of saving and investments as the same thing but they aren’t. To put it simply, saving is putting aside some of your disposable income to accumulate enough money for a short-term goal. Saving is usually done for smaller and sooner assets like a new car or a holiday. This kind of saving can happen through a bank account. An investment, however, is a more long-term timeframe and brings with it, a larger risk.
Whether you’re looking to make the most of your assets, create the life you desire or simply enjoy the freedom to choose what you want, Intellichoice Financial Planning will coach you through the maze with our care packages that have been thoughtfully created to meet the needs of our clients. Take advantage of our strategic understanding in the area of Wealth Finance.
By using Intellichoice Financial Planning you are drawing on the expertise and experience of reputable financial planners that are second-to-none. We will help you determine exactly what your goals are and even help you create some that you wouldn’t otherwise think of. We are going to give you the big picture!
The earlier you start to save and develop a financial plan, the better! While we all want financial security and independence, many of us don’t (or don’t know how to) do anything about it. Take control of your financial direction, today! Speak to a specialist at Intellichoice Financial Planning.
Remember, the decisions you make today will impact the direction your life takes tomorrow; especially when it comes to your finances. Procrastinating won’t help! You don’t need to experience regret. With some simple steps and strategies to adopt, you can have your money working for you and take the road to your wealth creation.
Intellichoice will help you find out what your goals are for the future. It’s our aim to give you long-term direction when investing. We will help you design a tax effective plan that may include shares, property, bonds or cash). Our consultation and services will provide a wholistic package that meets your individual needs.
Set your plans on the path to greater freedom and choice. Make sure your entire financial situation has been carefully considered through the consultation and services of our specialized planners.
Through our long-term industry experience we source the best investments in the market to suit YOUR needs and objectives. At Intellichoice, we will let you know about the options that other planners neglect to think about. Our holistic advice means you can make informed decisions about your wealth. Our philosophy? Meeting the needs of our clients; not pushing products on them. Our long-standing reputation with our clients is why people keep coming back to us, for ALL of their financial planning needs. Our aim here at Intellichoice, is to empower individuals for their financial betterment and in turn, create a healthy financial environment within our communities and throughout Australia.
No matter your age or current financial position, Intellichoice Financial Planning has all your wealth creation needs covered. Ask us about our Financial Planning Care Packages, today.