Frequently Asked Questions
Here are some of the most commonly asked questions involving personal finances and financial planning.
If you are looking for the answers to these or any other personal finance questions, please give Strategic Prosperity a call on 08 9445 9555 or feel free to email us.1. I have recently received a redundancy payment from my previous job and am unsure what to do with it. Should I buy a new car?
2. I am concerned that if I cannot work due to injury or illness I won’t be able to support my family or pay my mortgage, what can I do to protect us?
3. I am worried that my superannuation will not be enough to provide me with a decent retirement income, what are my options?
4. Every month I end up with nothing left in the bank, even though I earn a good salary …. Where does my money go?
5. In the future I would love to invest in the stockmarket and purchase an investment property but I’m not sure how to go about it?
6. I want to get into the stockmarket now but I don’t have the cash at hand, surely there are options for me?
7. I want to make sure that my family is looked after in the event of my death or terminal illness, I’ve heard about life insurance but there are so many different options … help?
8. I have a mortgage, car loan, credit cards and direct debits coming from everywhere, I’m struggling to keep up, what can I do?
9. I’ve heard people talking about gearing, what is it?
10. Every week I put away some money, now I have an amount of money that I was thinking of putting into a term deposit, is there anything else I can do with it?
This page has answers to some of the questions we get asked most frequently. If you have a problem with our website or services, please check here to see if you question hasn't already been answered. If you still can't find the information you're looking for, please contact us
