5 ways to have a successful year financially

Christmas is over.

The holidays have come to a close.

Your bank account has probably taken a beating.

Don’t despair!

In this article we offer you five easy ways to have a successful year, financially – so that you can feel confident and comfortable with your money management for the year ahead.

Pay yourself like you pay your bills.

No, really.

Do a stocktake of your earnings and your standing expenses and figure out how much you can save each month.

Then set up a direct deposit from the account you are paid into to a high-interest savings account and supercharge your savings.

Start now and see where you end up in December – try it!

2. Invest in your future

Yes, even if you’re in your 20s and 30s and still feel footloose and fancy-free – you need to start preparing for your future now.

Many of us will live longer than we think, which can mean we’ll spend one-third of our lives in retirement.

At North Advisory, we know the importance of feeling confident about your financial position and we can help you achieve positive outcomes with our tailored personal wealth management advisory services.

Our specialist team can help you to utilise your super effectively. It can become the centrepiece of your wealth accumulation, asset protection, tax and estate planning objectives.

Want to know more?

Contact our superannuation and SMSF specialists today for an obligation-free discussion.

3. Make your money work for you

You’ve worked hard for your money – it owes you!

Is this year the year you want to execute an investment plan you have in mind?

If you are in your wealth accumulation years and have already started earning a significant income, then you want to act now to make sure you minimise your exposure to additional taxation as your wealth increases.

At North Advisory, we can discuss your personal situation and determine the most appropriate structure to equip you – and your family – for a financially secure future.

4. Protect your assets

You’ve worked hard to accumulate your wealth, so it makes sense to protect it adequately.

At North Advisory, we can help you to ensure your assets are safe and have added confidence to continue growing your wealth and focusing on your overall financial goals.

The best way to secure both your and your family’s financial future is to partner with a firm that understands all the taxation and legal ramifications of utilising trusts and other structures for asset protection.

That’s us!

Get in touch with our team today.

5. Cut the fat

Inflation is still a top news item for a reason – things cost more than they used to.

Take stock of how much your outgoings are and what you can do to minimise their impact on your bottom line.

This can include looking into debt consolidation and interest on loans, among other things.

Wealth management is not a set-and-forget process, and the team at North Advisory want you to feel assured that your wealth management services partner understands your life goals and appreciates your personal circumstances.

We are proud of the strong relationships we build with our clients, and we know we can help you achieve your financial goals.

If you’d like to find out more about our wealth management services, please contact our team today.

Reach out we are here to help

Recognising the uniqueness of each business, we specialise in customised accounting services crafted to meet your specific needs and drive business growth.

Don’t hesitate to contact us if you’re ready to streamline your financial management with tailored solutions. Your business’s success is our primary focus. Fill in the contact form or call us to book an initial 30-minute chat.