I couldn’t help but think what could have been. A financial plan or the right insurance wouldn’t have brought back my dad, but it certainly would have given my family the peace of mind that we would be okay and that my dad could live out his days in the best possible way. No one should be thinking about their financial position when dealing with a terminal illness.

Financial literacy simply means to understand basic financial concepts such as setting financial goals, being a swift budgeter, understanding superannuation and the importance of insurance. Having a good understanding of personal finance concepts can really set you apart and ensure you are making sound decisions – both now and for the future.

As we get older, life changes, priorities shift. Just as you might have a health check, it is important to have a ‘financial health check’ every once in a while. Make sure what you put in place ten years ago is still relevant today. Is there anything else that you could do better?

–  Do you now have a mortgage and dependents when you were once footloose and debt free? – Should you really have three separate super accounts? – What if something happens to you,  how would your family maintain their lifestyle? – Why do you feel like your mortgage is not reducing? – What could you do differently to save more? –  Are your investments structured appropriately?

You may have already asked yourself these questions but the only constant in life is change. And life has a tendency to pass by in a rush of work, family and friends. Months are swallowed in a blur of commitments.  But your financial future is too important to be pushed aside. That’s where professional financial advice comes in.

The energy I have for my work doesn’t come from investments, super or tax efficiencies. It comes from my desire to help people. I want to empower people when it matters and take away that helpless feeling I had when my family were going through the darkest time in our lives.

As a Financial Adviser my role is to alleviate that pressure and put plans in place for those times that you need to go into autopilot. The peace of mind of a plan in motion cannot be disputed.

Do you have a plan in motion? The first step is seeking out independent financial advice from a qualified and trusted financial adviser. If you’d like to reach out I’d be more than happy to assist. You can email me or call 03 8548 4800.