๐๐ฒ๐น๐ฝ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ธ๐ถ๐ฑ๐ ๐ผ๐๐ ๐๐ถ๐๐ต ๐๐ฒ๐ฑ๐ฑ๐ถ๐ป๐ด ๐ฒ๐ ๐ฝ๐ฒ๐ป๐๐ฒ๐?
๐ช๐ฒ ๐ต๐ฎ๐๐ฒ ๐ฎ ๐ฏ๐ฒ๐๐๐ฒ๐ฟ ๐ถ๐ฑ๐ฒ๐ฎ!
I was recently told that wedding flowers can cost $๐ฏ๐ฌ,๐ฌ๐ฌ๐ฌ.
๐น๐ท๐๐ผ๐บ๐จ๐บ๐บ - ๐๐ต๐ฒ๐ ๐ฐ๐ฎ๐ป ๐ฏ๐๐ ๐๐ต๐ฒ๐ถ๐ฟ ๐ผ๐๐ป ๐ณ๐น๐ผ๐๐ฒ๐ฟ๐ ๐น๐ท๐๐ผ๐บ
๐๐ถ๐๐ฒ ๐๐ต๐ฒ๐บ ๐๐ผ๐บ๐ฒ๐๐ต๐ถ๐ป๐ด ๐๐ต๐ฎ๐ ๐๐ถ๐น๐น ๐น๐ฎ๐๐ ๐ด๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ถ๐ผ๐ป๐.
You have given your kids a great start in life.
We know you donโt learn a great deal about managing money in school, plus maybe the financial knowledge you have passed on is somewhat lacking.
Donโt feel guilty - none of us are perfect, they know how to toast a sandwich and not to microwave metal (hopefullyโฆ)๐คจ
Sometimes it is easier to listen to others than to your parents. One too many car lectures maybeโฆ
๐๐ถ๐๐ฒ ๐๐ต๐ฒ ๐ด๐ถ๐ณ๐ ๐ผ๐ณ ๐ฎ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฝ๐น๐ฎ๐ป.
Financial alignment will be crucial for a new couple. According to Relationships Australia research, financial stress is the No.1 cause of relationship breakdown.
๐ช๐ต๐ฎ๐ ๐ฑ๐ผ๐ฒ๐ ๐ฎ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฝ๐น๐ฎ๐ป ๐ถ๐ป๐๐ผ๐น๐๐ฒ?
โ๏ธ Financial education and literacy
โ๏ธ Sorting out a budget and how to manage joint cashflow
โ๏ธ Work out what housing is affordable, and what assistance is available
โ๏ธ Sorting out insurance (and a backup plan, so they do not move back in!)
โ๏ธ Work out a superannuation, savings, and an investment plan
โ๏ธSomeone to bounce ideas off AND stop the bad decisions
โ๏ธSet them up for the next stage in life
โ๏ธGive tools, a system, and confidence to make their own decisions
๐ง๐ต๐ถ๐ ๐ถ๐ ๐ผ๐ป๐ฒ ๐ด๐ถ๐ณ๐ ๐๐ต๐ฎ๐ ๐๐ถ๐น๐น ๐ฏ๐ฒ ๐ฝ๐ฎ๐๐๐ฒ๐ฑ ๐ผ๐ป ๐ณ๐ผ๐ฟ ๐ด๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ถ๐ผ๐ป๐.
๐๐ป๐๐ฒ๐ฟ๐ฒ๐๐๐ฒ๐ฑ ๐ถ๐ป ๐๐ฒ๐ฒ๐ถ๐ป๐ด ๐ต๐ผ๐ ๐๐ต๐ถ๐ ๐บ๐ฎ๐ ๐๐ผ๐ฟ๐ธ ๐ณ๐ผ๐ฟ ๐๐ผ๐๐ฟ ๐ณ๐ฎ๐บ๐ถ๐น๐? ๐๐ผ๐ผ๐ธ ๐ฎ ๐ฐ๐ฎ๐น๐น ๐๐ถ๐๐ต ๐บ๐ฒ.
What you need to know
This information is provided by Lush Wealth Financial Planning Advice Newcastle. The information contained in this article is of general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regards to those matters and seek personal financial, tax and/or legal advice prior to acting on this information. Join the club of ladies who have their finances sorted.
We are available for appointments in our Newcastle or Sydney offices or Australia wide via video conferencing. Best Financial Planning Advice by Christine Lusher Certified Financial Planner.