UP STYLE your financial house
UP STYLE your financial house
- August 18, 2019
- Posted by: Daniel McGregor
I was reading the local paper the other day and the front-page story was simply titled, ‘UP STYLING’, a story about homeowners spending thousands of dollars on property stylists to spruce up their houses for sale.
My wife and I used a property stylist to furnish a property in Melbourne which we were selling a few years ago, as the property didn’t have a tenant at the time and looked bare. To me, it makes a lot of sense… give yourself the best chance of getting the best price by making your property look as warm and welcoming as possible.
The article went on to explain that people are spending between $1,200 and $6,000 on styling their homes, with a couple of local real estate agents suggesting the value added to the sale price was between $20,000 and $150,000 on the homes they’d been selling that had been styled.
That sounds like good value to me!
My question to you… if you were selling a property, would you spend between $1,200 and $6,000 to earn an extra $20,000 to $150,000?
I’m assuming you’re currently nodding your head.
If the return was going to be something more like $500,000 plus, maybe even more than $1 million, how much would you be willing to spend?
If the cost to make that sort of money was also between $1,200 and $6,000, would you think it’s even better value than using a property stylist?
I’m assuming you’re nodding your head again!
That’s the sort of results most of my clients can look forward to from paying for INDEPENDENT financial advice.
So, could you benefit from paying a ‘financial’ stylist to spruce up your financial future?
Immediately before writing this I’d just sat down to run through some advice with some new clients of mine, a couple with three young kids. We are only just getting started, but just by sorting out their super, they can look forward to creating an additional $536,923 in wealth via higher returns and lower fees.
$536,923 without saving any extra money at all! That is, without any change in current lifestyle. Would you rather that kind of money be in your pockets or the pockets of big banks and super funds?
Throw into the mix that we have put in place protection for their family with no commissions being paid and they will save tens of thousands in insurance premiums over their working lives.
As their kids grow up and they return to having a higher dual-income, we will be able to look at ways to invest money to create more wealth by using smart, low-cost, tax-effective strategies to supercharge their financial plan. We can take it one step further and borrow money to invest if appropriate.
So many options, so many ways to improve the look of your financial future.
Financial advice is not an expense, it’s an investment. Especially when the advice is independent, meaning the advice you receive is not tied to particular products or commission incentives. It’s all about you!
If your financial house could do with a makeover, get in touch!