Your financial A-team

As we approach the new year, it's the perfect time to revisit your financial goals and reflect on what you’ve achieved during the year. Perhaps you’ve made amazing progress and are ready to take things up a notch in the new year, or maybe you aren’t where you hoped you’d be.

Often, with finances, people can feel ashamed; we think we should know what we are doing and lack the confidence to ask for help. But one key factor in achieving financial success is who we surround ourselves with. Just like professional athletes rely on their support team, your financial A-team will play a crucial role in helping you achieve your goals.

If you want 2024 to be your financially fittest year yet, these are some of the key players you might need in your corner: 

Financial Adviser:

A financial adviser provides strategic guidance on wealth management and wealth protection. They’ll work with you on a comprehensive plan for your finances that includes investing, superannuation, taxation, estate planning and risk minimisation.

Accountant:

Tax is one of our biggest expenses. A good accountant will not only help you manage your tax obligations for the past financial year, but help you forward plans to optimise your tax strategy for the year ahead. Once the tax year is done, there is usually little you can do to change the outcome. Whereas taking the time to plan ahead can make all the difference, so get proactive with your accountant.

Mortgage Broker:

Another key player you want on your team is a strategic mortgage broker who understands your long-term goals. A great mortgage broker will make sure the steps you take today keep you moving forward and ensure that the choices you make around debt and leveraged investments align with your future financial aspirations.

Money Coach:

Often utilised before people are ready to seek financial adviser services, a money coach serves as your financial fitness trainer. A money coach can provide guidance on financial foundations such as setting financial goals, managing cash flow, developing savings plans, and much more. They offer personalised education and support in areas where you need assistance and can keep you accountable to your goals.

Buyers Agent:

Buying a property is likely to be the biggest purchase most people will make in their lifetime, and it can be a daunting experience. If you're considering real estate investments, a buyer's agent can be a valuable asset. They have local market knowledge and connections, negotiation skills, and can help you find properties that align with your investment strategy.

Career Mentor:

Last but not least—your career! Your career is a significant contributor to your financial success. A career coach or mentor can provide guidance on professional development, skill enhancement, and strategic career moves to help accelerate your goals. Here at Elladex, our mission is to connect ambitious people like yourself with leaders and mentors who can provide the learning opportunities you need to accelerate your career growth and smash your goals. So consider how a career mentor can help take your career to the next level.

Building your financial A-team is an investment in your future success. Surrounding yourself with knowledgeable and experienced professionals can provide the guidance and support needed to make 2024 your financially fittest year yet. We’re all cheering for you!  

Without your financial A-team? We've got your back! Reach out and let us know what you need, and we will pair you with one of our own A-Team members from the Elladex network.