Earning good money but not getting ahead?

A good income can open the door to greater financial freedom, but earning more doesn’t necessarily mean you’re building wealth.

For many Australians, particularly as careers progress and incomes grow, so too do mortgages, household expenses and the cost of maintaining a particular lifestyle. Without a clear strategy, it can be difficult to know whether your money is actually moving you towards the future you want.

Canberra-based Véurr Financial Planning works with Australians earning $100,000 or more to help turn their income into a personalised plan for building and protecting wealth.

Rather than looking at individual financial decisions in isolation, Véurr takes a broader approach, considering where clients are now, where they want to be and how the different pieces of their financial lives can work together.

That can include financial planning, wealth building, superannuation, insurance and risk management, retirement planning and intergenerational advice.

The aim is to give clients greater clarity around their finances and a strategy tailored to their individual circumstances, goals and lifestyle.

For someone earning a strong income, that could mean considering how much they are saving, whether their superannuation is working effectively, how their investments fit into their longer-term goals or whether they have appropriate protections in place should their circumstances change.

And while general financial information has never been easier to find online, everyone’s circumstances are different. Age, income, debt, family commitments, existing assets and future goals can all influence the decisions that may be appropriate for an individual.

That’s where personalised financial advice can help bring the bigger picture together.

With expertise spanning different stages of life, Véurr works with clients from those beginning to build wealth through to people preparing for retirement or considering how their wealth will eventually pass to the next generation.

For those earning good money but wondering whether they could be doing more with it, the first step may simply be understanding where they stand and where they want to go.

Véurr is based in Deakin and offers a complimentary 15-minute introductory call for those interested in learning more.