Financial Advice for Families
Family life can be expensive.
From maternity or paternity leave and child care to the ongoing cost of private school fees – children certainly have an impact on your net wealth.
But the good news is, with some practical planning and financial management strategies, you can plan for a future that covers all your important child-related expenses – including ensuring that you can afford private school fees.
Studies show that raising the average Australian child until the age of 18 costs around $300, 000 but the reality is that they can cost a whole lot more.
There is an upside, of course!
Raising your child, or children, is an incredibly rewarding experience and if it can be done without stress over where the next dollar is coming from, it becomes even better.
When you add your desire for a great education in the private school sector, as well as everything from nappies, school camps, dance classes, basketball training, footy boots, braces, the latest pair of cool sneakers and those endless requests for cash to go meet their friends at the shops, it’s easy to wonder where all your money will come from.
Then, most importantly, there are the critical basics of food and shelter.
At Tribeca Financial, we create tailored, strategic financial plans that are designed to work with your unique financial circumstances.
It’s a way to help your goals – both short-term and long-term – become reality.
With a solid financial plan, you can enjoy the freedom of positive cashflow and a family lifestyle in which all your needs are met, without worry.
Managing cashflow begins with practical budgeting and smart investment strategies that help your money grow.