Why DIY, When We Can Do It For You?

While DIY might be your preferred stop for most things in life (and in many times, the more affordable option), your finances might benefit more from a little fine-tuning in the hands of a professional.

 Investing and managing your money isn’t always rocket science, but when you want to be certain that you are in compliance with some of the more tricky aspects of financial matters (such as high-risk investments, tax or superannuation), you can always come to speak with us.

The stakes in those instances can be much higher. A mistake you make through DIY investing can cost you huge amounts of money.

If you seek the advice of a professional, you may be able to go from an adequate amount of money in your investment to a potentially princely sum (with the right person managing your finances). 

But how can you choose the right person for your situation? In many cases, it will depend on what you are looking to get out of it. There are many different ways in which a professional can assist you in looking after your finances. 

  • Accountants can assist you in tax planning, filing your tax returns correctly, give advice on investing, help set up trusts and inheritances or potentially assist you with your superannuation funds. There are numerous ways in which an accountant can help you as a business or as an individual – you only need to ask. 
  • A Financial Planner can give you big-picture advice about your finances, assist you in resolving financial issues and can help you to create a plan that allows you to pay off debt, save or invest. 
  • A Bookkeeper, if you are a business owner, can provide you with accurate, up-to-date financial information about a business. Sometimes they are also involved in the strategy development for a business and may share similar roles and jobs with accountants (such as the preparation of annual financial reports and tax returns).

Though managing your own finances might seem like a cheaper, more affordable alternative, hiring a professional for advice and guidance on financial matters can be a difference between managing existing wealth and creating pathways to generating it. If you like to learn more about options for your finances, tax planning or want advice on how to manage your business, come speak with us to find out how we can help you.

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