Do you have a spending problem or an earning issue?
We are fortunate to live in a Western Country where over our lifetime a fortune will pass through our hands. However, we are also subject to extensive advertising persuading us that we cannot do without a certain product or service immediately and encouraging us to handover our hard earned cash.
Australians spend more than 100% of what they earn, which is why credit cards and other types of borrowing have gone through the roof. Impulse buying, and buying on emotion has significant ramifications for your saving capacity and investment future.
So how do you spend your hard earned money?
Have you exchanged your precious and irreplaceable time for money that has just ‘disappeared’?
Do you know where every cent goes?
To invest in property that creates attractive returns and WEALTH you need a pool of funds, and one of the best places to start is with savings. That is the money out of your income that you prioritise for your investments, not the money left over after expenses and impulse purchases.
This month’s speaker is Sean Osborne. Sean has been in the financial planning industry since 1997 and is keen to open up discussion about getting our financial houses in order and growing our financial intelligence, particularly with regard to:
* Tools and techniques for knowing where all your money is going,
* Using a budget and
* Looking at making savings in your day to day living so more money is available for investing.
Come along and learn how to be wise with your money so you can create a WEALTHY future.
Please join us on Wednesday 28 May at 6.00 pm at the Community Room at Lia Finocchiaro’s (Member for Drysdale) office. Free tea and coffee provided.
There is plenty of parking and remember, you are always welcome to bring along friends or relatives who are interested in property investing – it is all about networking with like-minded people!