1300 134 187
Talk to an adviser
Talk to an adviser

Understanding your advice needs

Answering these simple questions will help you understand what to consider at this stage of your financial journey and how professional advice can help you avoid costly financial mistakes.

Starting out?

Sometimes catching a break early in life gives you a chance to get ahead.
You could be a young business owner, a successful solopreneur or a rising star in your profession.
Whatever the reason, there’s nothing like a head start when it comes to your finances.

1. Do you need help to set realistic financial goals for the next 3, 5 10+ years?

Goal Setting

Youth is a true wealth building advantage because it gives you the one thing you can’t get later: time. The sooner you start the more likely you are to live the life you imagine.

2. Are you earning good money but spending it each month?

Income

Start early, put a budget in place and try to save a little from each pay. These habits will serve you well across your lifetime.

 

3. Do credit cards, loans and deferred payments sometimes get on top of you?

Assets & Debt

Avoid spending over your financial means. Credit cards and high interest personal loans and deferred payment plans like Afterpay can create a debt spiral that can be hard to get out of. Instead, try to budget and save for important expenses like cars and holidays. Building wealth is about putting as much money as you can into assets like supperannuation investments which will compound over time. Even small additional contributions, like $100 a month which you'll hardly miss, can make a big difference to the amount you'll accumulate later in life.

4. Do you need a strategy to grow your super balance as fast as possible?

Super

Retirement is hard to imagine right now but engaging with your super early can pay great dividends later. Consolidate all your accounts into one fund; work out if the default investment option is right for you and check your insurance cover.

5. Would you find it hard to accumulate enough money to maintain your lifestyle if you had a serious injury or illness and couldn’t work for six months or a year?

Insurance

At this stage of life your income is your biggest asset and investing it well – whether in shares or property – is your best chance get head financially. As a contractor you typically earn more than a salary-earner but without sick leave and other allowances. That’s why protecting your income is essential to avoid serious financial setbacks.

     

 

6. Do you need to consider what sort of medical intervention you may want in the event of a serious injury, illness or accident?

Leaving a Financial Legacy

Even if you don’t have many assets, planning for unforeseen incapacity due to injury or illness is the most important reason to put a Will in place at a young age.

Could you benefit from financial advice?

Fill out the above questionaire to find out how you could benefit from profesional financial advice from a qualfied, experienced adviser.

Congratulations!

It looks like you have everything under control and don’t need financial advice right now. Should you decide to level-up your goals, read on to see how FMD Financial can help.

Time to get started! 

It looks like you could benefit from financial advice in some key areas. Read on to see how an FMD adviser can answer your questions and work with you to achieve the lifestyle you want.

Ready to take the first step?

Meet our team and book a meeting with the adviser that is the best fit for you.

Book Now

How an FMD financial adviser can help

A qualified and experienced financial adviser can help you set goals and direct excess income to the right mix of investments with the greatest returns so you can benefit from earning compound interest to build wealth and achieve success faster. Whether you want to buy a property or travel the world, making the most of your money puts your goals in reach. And if you don’t seek advice and get your super invested properly you’re missing out on an extra $200-400,000* of wealth. That’s a lot of money!

  • Andrew Thorogood

    Andrew Thorogood

    ★★★★★

    I interviewed three different Financial advisers and found the most comfort with FMD. Michael, my adviser, opened my eyes to the potential of my retirement wealth giving me excellent direction as to what I need to consider in the future. Now I have a legal will, adequate insurance protection, a shares portfolio along with a far more lucrative superannuation fund building my future.

    Michael Russell
    Michael Russell Senior Financial Adviser

How does advice work and what does it cost?

Our clients know quality advice is an investment in the future and they partner with us for the long-haul because their investment pays off. We're committed to being open and transparent about our fees and what you can expect from our advice process so more people can experience the confidence and that comes from getting good advice. Learn more about our advice process and fees here.

Why do I need to meet with an adviser instead of talking on the phone?

If you value receiving expert advice (perhaps you're an expert in your field) you know the importance of sitting down face-to-face to solve problems or improve your position. Our advisers don't give advice over the phone to new clients because we have a duty of care to consider your overall situation. That's best done in an initial consultation at our offices in Melbourne, Brisbane or Adelaide. We'll pick up the tab for the first meeting!

What to expect from a first meeting with an FMD Financial Adviser?

  • What to expect from a first meeting with an FMD adviser

    It’s hard to know what to expect from a first meeting with a financial adviser, but getting your questions answered is worth it. Clients usually say ‘We wish we’d done it sooner!  We’ll cover the cost of the first meeting, to ensure FMD and your chosen adviser is right for you.

Ready to take the first step?

Meet our team and book a meeting with the adviser that is the best fit for you.

Book Now