Established in your career with rising income and you have financially dependant children. High debt levels due to home loan/car loans and spending habits are typically centered around your family and children’s growing expenses.
At this stage of life your income can easily be consumed by your children’s expenses (such as education, sports, holidays), buying a larger home and a new car and this brings added complexity to your finances.
For these reasons it is important to stay on track by:
Getting the right financial advice at this stage of your life is critical because it is easy to get bogged down in the day to day activities of family life and to lose track of your financial goals.
We can all benefit from financial advice, the sooner you start building wealth & securing your financial future for your family the better… but you should certainly consider seeking financial advice BEFORE these key times… so that you can make smarter money choices.
Some key times to consider getting advice are before you:
Having an effective financial plan in place will help you stay on track during this busy time of your life.
To get your finances back on track, contact us and speak with your local Gold Coast Financial Planner today.
Contact us today