#1: How can I get ahead when I have so many competing priorities?

Competing financial priorities or poor financial habits may be preventing you from getting ahead, but you might be surprised to know what you can do to make the most of your circumstances.

Even a modest capital investment can significantly build your wealth over time. Whether you are starting out in your career managing escalating expenses such as your mortgage, vehicle leases, personal loans, credit cards, supporting a growing family and school fees, or building an income stream other than from paid employment to support you in retirement, there are strategies that can help you to better manage your income.

By understanding your financial commitments and long-term objectives, we can use real life scenarios, such as amending loan repayments or considering the use of offset accounts or redraw facilities, to help you make more informed financial decisions and set realistic goals to aim for. Other strategies to help you make the most of your income may include conducting a review of your expenses, prioritising your debts, protecting your income or identifying tax efficiencies through collaboration with other aligned professionals.

If you would like further advice, I encourage you to contact our office on 07 3720 1299 or email admin@wealthfundamentals.com.au so we can help you to make the most of your finances.

Lane Moses Pty Ltd ABN 56 092 186 117 trading as Wealth Fundamentals and its advisers are Authorised Representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306.

This is general advice only and does not take into account your objectives, financial situation or needs, so you should consider whether the advice is relevant to your personal circumstances. You should also read the relevant Product Disclosure Statements (PDS) before making any financial decisions.

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