Have you made a big financial mistake in the past?
One that cost you a lot of time and money to fix?
Financial stress can be a major trigger for a lot of people, it is a big burden to carry around, but not one you need to carry alone
Speaking to a professional Financial Adviser can set your mind at ease once you have a plan in place and a financial goal to build towards.
In a report conducted by ME Bank in 2018, they found that many Australian households struggled to afford the basics:
- 17% of households could not pay utilities on time
- 19% surveyed had turned to family or friends for help
- 15% surveyed had resorted to selling items to buy necessities
- 45% of households were digging into more than 30% of their disposable income to pay off the mortgage.
The value of financial advice can take many forms. It could be the knowledge a professional is looking at your situation objectively, the peace of mind you get when you have a plan in place, or it could be the financial benefits you gain.
A study by CoreData for Fidelity in 2019 revealed that 88.5% of Australians receiving advice believe it gave them greater peace of mind, financially, and 86.2% of Australians receiving advice believe it gave them greater control over their financial situation.
Research by the Financial Services Council showed that people who received financial advice were almost $100,000 better off at retirement. That’s a big financial gain achieved by working with someone who provided advice and guidance around a retirement goal.
Many Financial Advisers will often tell you that it is not their clients with the highest income that are the wealthiest. The clients who get advice early in their life, work at it, and take a sensible approach are usually the wealthy – and happy – ones.
Financial advisers are required to complete 40 hours of Continuing Professional Development each year to remain qualified and compliant – ongoing learning and development is a huge part of a Financial Advisers’ value to clients.
Don’t let a past mistake deter you from a future goal
You don’t need to be wealthy or privileged to receive financial advice. It is accessible to everyday Australians who are motivated to get ahead. Leave your mistake in the past and talk with your OBT adviser about your future today.
Our financial advisers (Rodney Turner, Bruno Tjelder and Damon Zischke) and OBT Financial Planning Pty Ltd are Authorised Representatives of Lonsdale Financial Group Ltd ABN 76 006 637 225 | AFSL 246934.
This is general advice only and does not take into account your financial circumstances, needs and objectives. Before making any decision based on this document, you should assess your own circumstances or seek advice from a financial planner and seek tax advice from a registered tax agent. Information is current at the date of issue and may change. This information and certain references, where indicated, are taken from sources believed to be accurate and correct. To the extent permitted by the Law, Lonsdale, its representatives, officers and employees accept no liability for any person that relies upon the information contained herein. Information is current at the date of issue and may change.