Budgeting
Your income is the foundation upon which your lifestyle and financial goals are built. It’s important to identify, quantify, and track all your income and expenses.
Done right we can assist you to get the most out of your money by being more effective with your cashflow and ultimately reaching your financial goals sooner, with peace of mind that you remain on track through regular reviews.
Budgeting means different things to different people, but central to this area is knowing where your money goes. Awareness of your spending habits (all of them) is powerful, and we can show you how to harness this to accelerate your wealth creation plans.
Debt Management
Borrowing money is easy these days and that’s why it’s even easier to get into debt. But, not all debt is bad debt.
Having a debt management plan in place and understanding the difference between good and bad debt could help you make better financial decisions.
Knowing how to manage your debt can help you take control of your financial future and manage your cashflow.
Preparing for school fees
Family life can be expensive. From maternity or paternity leave and child care, children certainly have an impact on your net wealth.
When you add in your desire for a great education in the private school sector, as well as everything from nappies, school camps, dance classes, basketball training, footy boots, braces, the latest pair of cool sneakers and those endless requests for cash to go meet their friends at the shops, it’s easy to wonder where all your money will come from. Then, most importantly, there are the critical basics of food and shelter.
The good news is, with some practical planning and financial management strategies, you can plan for a future that covers all your important child-related expenses – including ensuring you can afford private school fees.
At Primestone Wealth, we create tailored financial plans that are designed to work with your unique family and financial circumstances.