Young Families

At this stage in life you are:

• Busy with a young family
• Have increased living expenses due to children related expenses
• Have a reduced income due to caring for children
• Have accumulated some personal and investment assets
• May be looking for better tax effectiveness
• Are looking to secure your children’s future
• May have moderate to high levels of non-deductible debt (such as home loans, personal loans, credit cards etc)

Your financial concerns and goals might be:

• Managing your family’s budget and cash flow
• Protecting your family from financial hardship
• Saving and investing for the future
• Reducing tax liabilities
• Managing and minimizing debt
• Funding education expenses
• Building wealth

LifePath Financial Planning can provide strategies for Young Families involving:

• Cash flow management
• Budgeting
• Debt management
• Personal insurance
• Determining your eligibility for Centrelink benefits
• Reducing tax liabilities
• Funding education expenses
• Building wealth