Debt Reduction Financial Planning

Do you feel like you’re drowning in debt? Is it taking away your financial freedom and happiness?

The team at Precision Wealth Management can offer a debt reduction plan – giving you the tools to spend less money and pay off what you owe sooner.

The focus of our fiduciary financial planners is to help clients achieve their goals and often that involves reducing their debt – such as a home loans, car loans or investment loans, as efficiently and tax effectively as possible – and then look ahead to investment and wealth creation opportunities.

Reach out today for your professional debt management advice from our certified financial planners in North Lakes and get back on track to financial freedom.

Enquire Online Here
Call 07 3180 4430
Debt Reduction

How debt management can work?

Any debt reduction plan should start by having a cash flow management plan in place then using the surplus cash flow to pay off the highest interest rate first.

Here are two ways we work to pay off debt:

01

Understanding our surplus cash flow, then setting up a clear plan on directing that to our loans to give us a clear timeline of our debt reduction. Having this in place gives you discipline and motivation to stick to your budget and debt repayment schedule.

02

In some instances, we take out an investment loan and start and investment strategy, while you still have a home loan. We then use all surplus cash flow to direct to your home loan and continue to build your investment portfolio with additional investment loan borrowings. This strategy is often referred to a debt recycling as overtime your non deductible home loan debt is ‘recycled’ into an investment loan whilst also building an investment portfolio.

Your Local Certified Financial Planner

Industry Leading Qualifications

Our certified financial planner is university qualified with a Commerce Degree and is a Certified Financial Planner.

Privately Owned and Ethically Driven

Our advice and product selection are 100% conflict free. We are not influenced by how we’re remunerated or who we’re licenced through.

Evidence Based Investment Strategies

We are at the forefront of our industry, because we hold high educational standards our advice is strategy, not product driven and in your best interests. Our academic investment approach is based on decades of research in financial markets.

Flat Fee Pricing

We are fee-based (not percentage based) financial planners, with our pricing based on the complexity of work involved, not the value of your portfolio.

Debt Reduction Advice

Contact Precision Wealth Management today for help reducing your debts and improving your financial position.

Your local and privately owned certified financial planner.

Enquire Online Here
Call 07 3180 4430