Making Your Financial Dreams Come True

Financial Advice

So you have decided to purchase a home using borrowed funds. Taking on debt can be a big worry for you and your family. At TLC we can help you manage your debt and take control of your financial situation.  

Cash flow management forms the hub of all financial decisions without which there is little capacity to plan ahead. While the My Money Mentor Program will help you to identify cash flow savings there are times when specialist assistance is required to identify the most efficient way of allocating these savings.  

A Financial Adviser is best placed to assist you with identifying your overall needs and objectives. They are qualified to consider all aspects of financial advice including taxation, estate planning, protecting your income and wealth maximisation strategies, to name but a few. 

At TLC we understand the need for sound comprehensive financial advice. We are able to refer you to specialist Financial Advisers with whom we have complete confidence and have worked alongside for many years. We are confident in referring you to these financial advisers as they adhere to the same principles of service and duty of care as we do. The financial advisory team is headed up by Greg Sherwood who is also the Founding Director and a Credit Representative of Tamworth Loan Consultants. 

Financial planning is the process of wisely managing your finances so that you can achieve your dreams and goals while at the same time helping you negotiate the financial barriers that inevitably arise in every stage of life. 

Managing your personal finances is ultimately your responsibility. However, you don’t have to do it alone. Our financial planning partners can help you make decisions that make the most of your financial resources and manage your cash flow situation. 

How Financial planning can help you. 

• Set realistic financial and personal goals 

• Assess your current financial position by examining your assets, liabilities, income, insurance, taxes, investments and estate plan 

• Develop a realistic, comprehensive plan to meet your financial goals by addressing financial weaknesses and building on financial strengths 

• Put your plan into action and monitor its progress 

• Stay on track to meet changing goals …changing personal circumstances …changing stages of your life …challenging markets and changing tax laws 

The trouble for the average person, is that most of the information freely available is complicated and confusing.  It can be tricky to work out how much you need to save now and in the future, in order to beat inflation and secure your financial future.  It can be hard to work out how you can save money on your mortgage, or how to protect your wealth in the most cost effective way. 

A personal financial planner will first look at your current lifestyle and the lifestyle you want in the future, and then apply that information to your specific planning process.  After all, it's not just money that most of us want – it is the lifestyle that the money can give us. 

A good financial planner will get to know you personally, not just financially. They will discover your personal goals, desires and preferences, and they will do all the complicated, tedious financial calculations and planning to ensure that you can reach your goals and achieve personal financial independence.  

Some questions often posed to financial advisers include: 

• Should I pay off my home loan first and then start to invest for retirement or should it be done the other way around? 

• Is there a way in which I can pay off my home loan sooner? 

• How can I reduce the amount of taxation that I pay? 

• Am I on track to retire comfortably? 

• What is the best way to save and invest for my children's education? 

• Is a Self-Managed Superannuation Fund right for me? 

• How do I borrow within superannuation? 

• What is the best way to protect my income and my wealth without greatly affecting my cash flow? 

• Can I use the equity in my home to accelerate wealth creation?