Financial coaching – 15 signs you might need a financial adviser

It’s getting harder and harder to make ends meet, rising household costs, debt levels and housing affordability plaguing renters and home buyers.

Often people struggle on and hope for the best, but a financial adviser may help those looking to turn their finances around or even help them save for their next holiday.

We had a chat to Financial Adviser Reece Marini of Fortify Financial about financial coaching, smashing industry norms and the financial journey to living your ideal lifestyle.

What does a financial adviser do?

A financial adviser helps the community better understand and manage their money so that they can live the life they want today while creating their ideal lifestyle for tomorrow. 

Key services include;

Financial Adviser, Reece Marini of Fortify Financial

Financial Adviser, Reece Marini of Fortify Financial

Cash flow
Understanding how and where you spend your money.

Spending plan
Designing a framework around how you spend your money to achieve your ideal lifestyle.

Strategic banking
Structuring and automation of your personal banking.

Debt management
Helping you to understand the benefits of paying down consumer debt as quickly as possible (i.e. Credit Cards, Car & Personal Loans).

Superannuation
Guiding you on effective strategies to build for the future with super.

Personal protection
Helping you put in place a Plan B, if the worst was to happen.

Investment strategies
Helping you make the most of your money with the right investment choices.

Taxation
Simple ways to reduce your tax allowing you to keep more of your hard-earned money.

How can financial coaching improve the lifestyle of your clients?

Think of a financial coach as a personal trainer for your money to help guide you through the ever-changing modern lifestyle.

Once you understand what it is you want from your life you can begin to create your ideal lifestyle. Now, on this journey to living your ideal lifestyle it is a great idea to track your progress and keep yourself accountable for what it is you would like to achieve.

This is where a financial coach can add the greatest value, just like a personal trainer will help you achieve your health and wellness goals, a financial coach will help keep you accountable and offer the right advice at the right time allowing you to achieve your ideal lifestyle sooner than you think.

How is Fortify Financial different to other financial advice firms?

We have a clear philosophy which details what we will do at all times and what we will not do. This gives our clients certainty when engaging with us. Then by listening and focusing on what our clients want to achieve from their lifestyle we can deliver advice which they really value.

A financial coach will help keep you accountable and offer the right advice at the right time allowing you to achieve your ideal lifestyle sooner than you think.
— Reece Marini, Fortify Financial

Fortify Financial has also proven to be one of the best, as told by our clients. In an anonymously completed third party client survey, Fortify Financial was benchmarked to the Financial Planning Industry in Australia and absolutely smashed the industry norms and averages. You can view the survey results here.

Fortify Financial is also a corporate member of the Association of Financial Advisers and upholds their rigorous code of conduct.

What are the key signs that I need a financial adviser?

If you’re asking yourself these questions or thinking about these statements, it might be time to have a chat:

  1. I am struggling to understand and manage my finances
  2. I am tired of transferring money from one bank account to another on a week to week basis
  3. My bills aren’t being paid on time
  4. I want to get rid of my consumer debt (i.e. Car Loan, Credit Card debt) 
  5. I am transferring money out of my savings accounts to get by
  6. Where is all my superannuation?
  7. What is the most appropriate superannuation fund?
  8. Do I have the right and the most cost effective personal protection (life insurance) in place for myself and my family?
  9. I want to buy a house- what’s the best way to save and structure the loan to suit my strategy?
  10. I want to save for an overseas trip – can I afford it?
  11. I am getting married – what do I do financially?
  12. Am I making the right career move?
  13. Could I be saving on my tax bill?
  14. Are my investment properties set up correctly?
  15. Should I be investing my spare money?

How does a financial adviser charge?

At Fortify Financial we have a number of tailored packages that have been designed to suit any individual circumstances. Put simply, we charge a flat fee for advice and if any insurances are put in place – the insurer will remunerate us for that work. We like to keep it simple and transparent.

Contact Fortify Financial

Reece Marini, Financial Adviser

Website

To learn more about how Mint Equity can help, contact us on 02 4340 4847.
Disclaimer
Any interested party should make their own enquiries as to the accuracy of the information provided. Mint Equity does not guarantee, warrant or represent that the information provided is correct.