As a wealth accumulator you are at the earlier stage of your financial journey.
You might be beginning your career and starting to establish yourself. You may have recently purchased your first home or are in the market for a first home or first investment. You have healthy cashflow and wish to use it in a more efficient manner. You may be looking to start or continue building investment portfolios. You likely have debts which they want to pay off quickly and are looking for solutions and education around efficient ways to build wealth and ways to achieve financial freedom. Tax is also something at the forefront of your mind. Ensuring tax efficiency in your holistic financial strategy is highly important. As a wealth accumulator you need to learn the fundamentals around investing and the tax implications of doing so. You will also need to know how insurance is used and what you need to protect so you can optimise financial position.
Questions you may ask yourself at this life stage.
- Do I need to protect my lifestyle?
- Do I need to run a budget?
- Do I need to use super?
- How do I afford a home?
- How much should I borrow for a house?
- How can I pay off my home sooner?
- How do I build wealth?
- How much risk should I be taking with my investments?
- How do I make sure the wealth I am accumulating passes on to who I want?
