Finance

Four steps to get you back to financial health

A surprising amount of people avoid talking about their financial health and land themselves in a position where securing a home loan can be challenging. We’re all human, after all. If you were raised to either not worry about money, or not treat money with respect, or you’d experienced a few financial setbacks, getting on back can seem daunting. The good news is that, reaching out to a qualified professional, with independent interests can very quickly take you out of debt and into credit with a few educated decisions. In other words, with a few smart decisions, you’ll be right on your way to reordering your finances and achieving your financial goals.

Think of it this way. When you’re sick, you take the advice of a qualified professional. So why do so few of us seek independent, professional advice when we are looking to invest in some of the biggest financial decisions of our lifetime?

 Financial Diagnosis

When you’re looking to grow your finances, the first place you need to start is by addressing your bank balance – regardless of your financial disposition. It’s important to be as honest as possible – as early as possible with yourself to understand how to get the most out of any potential investment.

We call this process assigning a Financial Diagnosis. Have you experienced any major set backs or wrong turns in the past? Do you currently have any loans? Are you financially exposed when it comes to securing new loans? All of this information helps us provide a transparent, honest and most of all – helpful prescription for you to make changes to achieve those financial goals.

 Prescription

Now we’re clear on your financial position, we can prescribe you with an action plan. This is a road map that outlines which decisions you need to make to achieve your goals. Each step has been designed with achievable and impactful next steps, which are going to get you, back on track. 

Operation

As you make changes to your finances, check in with an independent professional regularly to ensure you are on the right track. Never underestimate the value of a well-informed, independent opinion.

Future financial health

When you take your finances seriously, just as you would your health, life become a lot easier. Making a decision to make your financial health an ongoing priority is the best way to ensure you keep your investments on track. Touch base with a professional before, during and after achieving your financial goals. You never know what opportunities may present themselves with your secure and considered portfolio.