25 Actions to Get Financially Fit

The fundamentals

unchecked_checkbox  Establish an emergency fund
unchecked_checkbox  Establish your financial goals
unchecked_checkbox  Learn the difference between shares, property, bonds, term deposits and cash.
unchecked_checkbox  If you are young, consider investing in your education
unchecked_checkbox  Maximise your tax return

Treat your self like a business.

unchecked_checkbox  Review your expenses
unchecked_checkbox  Create a savings plan or budget
unchecked_checkbox  Start monitoring your progress towards your financial goals

Sort out your future

unchecked_checkbox  Consider consolidating your superannuation (careful of capital gains tax and losing insurance)
unchecked_checkbox  Select the right investments within your superannuation
unchecked_checkbox  Create a plan to pay off your debt and build wealth quickly enough

Get the right structure

unchecked_checkbox  Create a structure that gives you control of your expenditure
unchecked_checkbox  Consider consolidating your private debt onto a low interest rate product
unchecked_checkbox  Consider using an offset account or line of credit to pay less interest

Protect against risk

unchecked_checkbox  Learn how to control your emotions (fear and greed) when it comes to investing (yes, you are the risk)
unchecked_checkbox  Make sure you have an up to date Will and Power of Attorney
unchecked_checkbox  Take out an appropriate level of insurance

unchecked_checkbox  Get the right help

Subscribe to GPA Financial Planning’s Education Centre to receive invites to webinars addressing HOW to take these actions effectively.

GPA Financial also offers a free two hour consultation where we will work with you to achieve the first 15 action steps. From there we will determine if we can help you with the remaining 10, and provide you with a complete quote detailing how much we can improve your situation by and our fee for the “right help”. Please contact us on 07 3170 6213 to arrange and appointment.