• liberum financial

    (financial freedom)
  • liberum financial

    Having financial freedom means different things to different people.

    For some – it’s the idea of being able to fly away when they want, where they want. For others, it’s having certainty that they can live modestly throughout their retirement and be cared for in their later years.

    Whatever financial freedom may look like to you, to achieve it – you will either need to find a way, or make one.

    aut viam inveniam aut faciam

    (I will either find a way or make one)

    Hannibal

    our approach

    outcome based

    We are an advice-based business which is focused on helping clients achieve their long term financial goals. Quite simply we are totally focused on you, our client.

    personalised

    Our principal product is advice – if we recommend a product it is because it is in our clients’ best interests.

    privately owned

    We are privately owned. It is core to our offering that we only use highly competent research people to ensure only the best solutions are offered to our clients.

    Financial planning is not a one-size-fits-all commodity.

    We recognise that different people require different financial planning advice to suit their individual circumstances.

    We take a Mundus Novus (new world) approach to financial planning.

    Advice that is founded in the fundamental concept of putting your wants and needs first.

    Advice that is grounded in honest and meaningful conversations.

    Advice that is ‘outcomes’ based and unique for your very personal and individual financial objectives.

    what we do

    facere
    (make)

    facere
    (make)

    identifying personal, business and investment strategies to improve your income position

    crescere
    (grow)

    crescere
    (grow)

    creating investment strategies to improve your position in the short, medium and long term aligned to your goals

    recludam
    (leverage)

    recludam
    (leverage)

    determining if your current debt structure is appropriate and if debt can play a part in your wealth creation

    tueri
    (protect)

    tueri
    (protect)

    considering if there are better ways to mitigate your personal and investment risk given your circumstances

    utor
    (enjoy)

    utor
    (enjoy)

    helping you work towards creating the lifestyle you want to enjoy in retirement

    conservare
    (preserve)

    conservare
    (preserve)

    ensuring that your assets are passed to the right people, in the right way, at the right time under your estate

    how we can help

    No matter your stage of life, we’re here to help you achieve financial freedom, because nothing comes from nothing.

    We work with you to provide clarity, peace of mind and confidence in your financial future in a number of ways.

    pecunia, si uti scis, ancilla est; si nescis, domina

    (if you know how to use money, money is your slave; if you don’t, money is your master)

    From the Blog

    What determines the cost of an insurance policy?

    There are a number of factors that determine the cost of an insurance policy. A cheap life insurance or income protection insurance policy doesn’t necessarily mean it’s an inferior one, and by the same token, the most expensive policy may not be the best to suit your needs.

    The price of an insurance policy is generally a reflection of how the underwriter views the risk of you claiming on that policy. As each insurer will attribute their own measure of risk to each element of your lifestyle, personal habits and work situation, your overall risk profile can fluctuate between one insurer and another.

    Read More

    Spring cleaning your finances

    The sun is shining, the days are getting longer, flowers are blooming, the department stores are bringing in their Christmas stuff… yes, spring is finally here. Everyone knows that spring is the season of fresh starts. Most people will take the opportunity to do a bit of spring cleaning, getting to all those pesky once-or-twice-a-year jobs around the house. But right now is also a great time of year to review your finances. 

    Why now? Well, with the end of the last financial year and your tax return well behind you, you’ve got some great data to help you reset your goals and measure your progress by. You’ve also got a little breathing room before the end of the calendar year so hopefully you’ll be a little less pressed for time when you’re making some important decisions. It’ll also give you enough time to sustainably budget for bigger expenses in the new calendar year, from home improvements to holidays. Here’s how to get started.

    Clear out the cobwebs

    Take a minute to sit down and review your budget. Make sure you have all the relevant information from your bank statements, tax notice of assessment, budgeting app, etc. In the last twelve months, have you stuck to your spending and saving guidelines? If not, what patterns can you see that you’ll want to ‘clear out’ of your spending habits for the coming year? This is your chance to develop a plan for avoiding wasteful spending. For example, if you notice that you’ve spent a lot on takeaway meal delivery, perhaps you could try planning a week of meals or signing up for that cooking class you’ve always wanted to take.

    Fix that safety net

    Just like you fix all those broken hinges, cracked tiles and split frames around the house come spring, now’s a great time to fix your financial safety net – your insurance. The fact is, the various risks and liabilities in your life change all the time. Sometimes it’s a little more obvious, like welcoming a new baby, or moving house. But some of the risks you can insure against shift a little more subtly. For example, you may have made a few purchases that you should have included in your contents insurance, but didn’t add them individually at the time.

    Plant seeds for the future

    Herbs, fruits, veggies, flowers – all the best stuff is planted in spring for harvesting weeks or months down the track! While you’re in the ‘planning ahead’ mindset, have a think about your retirement income too. Chances are that by now, you’ll have received a statement from your super fund with the details of your contributions, returns, fees paid and more. Take this opportunity to review whether your super is on track according to your long term goals. Use the budget info you gathered earlier to see whether there’s room for you to make some extra contributions on a regular basis. If you do find that you’re on track, think about other ways to put your money to work for your financial future. For example, you may consider a type of investment that’s now right for your changed circumstances.

    Reset and revamp

    Working out whether you’re on track with your budget and goals is a great start. But when was the last time you thought about what those goals should look like? Everyone’s circumstances, desires and priorities change. It’s normal to not have the exact same financial goals from one year to the next. That’s why it’s a good idea to review your previous benchmarks, even if you don’t end up changing what you’re aiming for. Carve some time out of your schedule, sit down with your partner/family, and have a chat about your ideas of financial success or independence. Better still, make an appointment to come in and see us. We’ll help you get the fresh perspective you need for the coming year and beyond.

    get in touch

    Contact Info