Future-proofing – 5 ways to ensure you have a prosperous financial future

If you are someone who focuses on living life to the fullest, you might not have thought much about setting yourself up for the future. But having a plan will help you to achieve your financial goals, travel to the places you want to see and take time out to spend with your family in retirement, without worrying about how to pay the electricity bill. Here are a few tips to help you on your way: Super-charge your super Most of us don’t think much about our superannuation.  We sign up to a fund, hopefully remember to consolidate our super from ghosts of jobs past and then put it right out of our minds. But if you want to ensure you have a comfortable retirement, it is never too early to take a closer look at your super fund. Are you with a retail fund, an industry fund, or do you have a self-managed super fund? Financial accountants and SMSF accountants can advise you of whether you are maximising your superannuation. If you are unsure about whether you will be financially comfortable for retirement, it is worth investing in professional advice. Pay off debt It is impossible to get ahead while juggling personal loans, credit card debt, and AfterPay repayments. If you are struggling with debt, try sitting down and listing all of your outstanding payments. Then figure out how you can start paying them off. If you are not sure where to start, try calling the National Debt Hotline on 1800 007 007. Have… Read More