Rise High Financial Solutions

3 steps to strengthen your finances

We all know the saying “money doesn’t grow on trees”… but wouldn’t it be good if it did?  While we can’t go into our backyards and pluck some 100’s off our apple tree, there are things we can do to help strengthen your finances.
Share this article with friends and family:
Facebook
Twitter
LinkedIn
Email
WhatsApp

3 steps to strengthen your finances

We all know the saying “money doesn’t grow on trees”… but wouldn’t it be good if it did?  While we can’t go into our backyards and pluck some 100’s off our apple tree, there are things we can do to help strengthen your finances.
Share this article with friends and family:
Facebook
Twitter
LinkedIn
Email
WhatsApp

Keep reading

Here are 3 steps you can do to start building wealth:

1.   Set financial goals

Picture where you would like to be in life, five or 10 years into the future. Maybe you would like to move to a new location, retire early, get out of debt, stay home with the kids, open a business, buy a house, or take a long trip.

The idea here is that money isn’t the end goal. It’s only a means to help you reach your other goals. So, use your future dreams and plans to make your savings habit become more meaningful today. Even if you don’t have a specific goal now, either way you’re saving for freedom and flexibility in the future…

2.   Keep track of your finances

Know how much of your money is coming in and how much of your money is flowing out. Use a spreadsheet, online software, or simply paper and pen… but start doing it now. You can use our budget planner to get started! Bring more awareness to your spending to create a clear roadmap to reaching your goals. Then, take a moment before those impulse purchases. The more you think about what’s really needed and what’s not… the quicker your savings stacks up.

If you do have existing debt, it would also be wise to understand the differences between bad and good debt, or consider things like refinancing or debt consolidation to make your money go a long way!

3.   Invest in your future

Once you’ve reached a certain level of savings, think about investing that money for yourself – and your future. With investing, the sooner you’re able to start, the better. But first, get professional advice, weigh up your returns, your risks, and how much you’ll need to get started. Just start with any amount, and make it consistent. And wait…

At Rise High, we’re here to help you achieve your financial goals and strengthen your finances, so you can live the life of your dreams and achieve financial freedom.

We would love to hear about your goals and dreams! So call us today on (08) 7131 1149 and let us help you turn these goals and dreams into reality or leave your details below for our team to get in touch!

Our suggestions for you:

Finance for Business Owners

At Rise High we specialise in commercial business finance, so our very own Marissa Schulze and Kristin Tunbridge want you to know about all things finance for business owners!

Read more

Build Your First Investment Property with Us

Are you looking at growing your property portfolio? Looking to build your first investment property but don’t quite know how to go about it? We recently helped a client start their property investment journey with the construction of their first investment property. 

Read more

Relationships and Money Working Together!

Financial stress is a really big cause of relationship breakups. Money in relationships are often a taboo topic to talk about. Original wedding vows include a promise to be together forever, for richer or poorer, but in reality, many couples find for poorer way too hard. Relationships Australia research shows that financial stress is the number one cause of relationship breakdowns in Australia. 

Read more