Steps for planning your Finances

Budgeting Skills for U & Ur Family

Planning your Financial Future

Step One. Financial Analysis – Goals, where you want to be: 1, 2, 5 and 10 years

Step Two: Budget planning – bills, rates, mortgages, savings

Step Three: Debt Consolidating – get rid of bad debt – maybe refinance

Step Four: Minimise Risk – Fixing loans, consolidate and diversifying super

Step Five: Investment Portfolio – looking at: Superannuation & Cash Investment

Step Six: Plan Protection – Insurances:
Personal – Life, TPD, Trauma, Income Protection
General – Home Contents, Building, Car
Health – Ambulance, hospital, dental, etc

Step Seven: Estate Planning – Wills and Power of Attorneys.

Step Eight: Wealth Creation - Investment property & Share investment

Step Nine: Monitoring or Reviews

The contents of this blog are of a general nature only and have not been prepared to take into account any particular investor’s objectives, financial situation or particular needs. Where this publication refers to a particular financial product then you should obtain a Product Disclosure Statement (PDS) relating to that product and consider the PDS before making any decision about whether to acquire the product. We also recommend that you should seek professional advice from a financial adviser before making any decision to purchase any financial product referred to on this website. While the sources for the material are considered reliable, responsibility is not accepted for any inaccuracies, errors or omissions.

Tarnia Gurney (ASIC No. 292206) trading as Gurney Financial Services (ABN 85 296 598 954) an Authorised Representative of AFG Financial Planning, Australian Financial Services Licensee Number 247105, ABN 74 099 029 526.