Professionals

It’s important at this stage to ensure you set financial and lifestyle goals, so that any surplus income can be directed to achieving these goals.

If you have accumulated debt, whether it be the mortgage on your home or other personal debt, a debt reduction plan will assist with reducing interest paid over the life of the loan. Alternatively, you might be looking to start your investment journey and to begin accumulating wealth creating assets.

If you haven’t already, it might be time to review your superannuation and how it is invested, now that you have a higher amount of Employer Contributions being made. Also, for higher income earners, it may be beneficial to consider the potential advantages of contributing to superannuation as a means of building wealth for retirement.