BY LAURENCE SMITH, FINANCIAL ADVISER, UEM WEALTH, AUTHORISED REPRESENTATIVE, LIFESPAN FINANCIAL PLANNING PTY LTD AFSL 229892
You’re excelling in your career, climbing the corporate ladder, and earning a solid income. But are you making the most of your financial opportunities? For many Australian professionals, the answer is frustratingly unclear.
Between demanding work schedules, family commitments, and the overwhelming amount of financial information available online, it’s easy to let money management slip down your priority list. Yet with each passing year, you’re potentially missing out on thousands of dollars in growth, tax savings, and strategic opportunities.
Is your money working as hard as you?
How do I balance my lifestyle and financial future? You’ve worked hard to afford the lifestyle you want, but striking the right balance between enjoying today and securing tomorrow requires a personalised approach that reflects your values and long-term goals.
How can I make my money work for me? Beyond your salary, your money should generate returns through strategic investments, superannuation contributions, and leveraging tax-effective structures, aligning with your income level and career trajectory.
What are my options? With managed funds, ETFs, property, shares, and countless investment platforms available, the options can be paralysing. The right strategy depends on your risk tolerance, time horizon, and specific financial circumstances.
How can I pay less tax? As a higher-income earner, tax efficiency becomes increasingly important. From salary packaging and negative gearing to superannuation and insurance strategies and various investment structures, there are legitimate ways to reduce your tax burden while building wealth effectively.
Am I on track? Without clear benchmarks and regular reviews, it’s impossible to know whether your current approach will deliver the financial freedom you’re working toward.
The Professional’s dilemma
You’re time-poor but money-rich – or at least money-positive. You’re making a good income, but suspect you’re not making the most of it. You’re drowning in financial information but starving for clarity and direction.
This is where professional, tailored financial advice becomes invaluable. Rather than generic solutions or one-size-fits-all approaches, you need strategies that work with your specific situation, career path, and lifestyle goals.
Your professional success deserves a financial strategy that matches your ambition and delivers the security and freedom you’re working so hard to achieve.
DISCLAIMER General Advice Warning – this is untailored, general advice. It does not take into account your personal circumstances. You need to decide whether it meets your needs. Laurence Smith is an Authorised Representative and UEM Wealth Pty Ltd is a Corporate Authorised Representative of Lifespan Financial Planning Pty Ltd (AFSL 229892). Laurence Smith may offer services through UEM Wealth and UEM Group. Accounting services are provided by UEM Group. Financial Services (financial product advice and dealing) are provided by UEM Wealth. To the extent permitted by law, although the same adviser may offer you services under the above business, each business is solely and separately responsible for the advice they each provide.
