Did you know that Australia’s interest rates are at a record low? Since 2011 most savings accounts have paid minimal interest and in some cases you probably got nothing, instead you just ended up paying service fees.
Well, you are not alone. We were all taught that putting your money into a savings account and earning interest was a safe and guaranteed way to build your wealth. However, unless you shop around and conform to the bank’s strict rules you most likely are not growing your wealth in any significant way, but like many others you end up with fees and charges.
For decades, savings was one of the key wealth creation strategies that people could count but times have changed and we need to start changing our attitudes towards wealth creation.
At JFS you have the option to grow your wealth
Wealth creation comes as a result from a well-crafted investment plan that takes your financial goal, life situation and carefully selected plan of investments in areas of growth over an extended period of time to create a dependable source of income. This has been our philosophy for over 27 years and is seen as one of the golden rules.
“A smart investor doesn’t rely on good luck. Instead, they take the time to consider their investment goals. Then they develop a plan and choose investments that align with their needs and objectives.”ASIC
One of the reasons Jennings Financial Services gets such great results is they stay current. Things are constantly changing in the industry. It modernises, technology changes, and jobs are lost. Jennings Financial Services stays up to date with the changes occurring in the market place and keep their clients informed.
We also know that things in life change and no plan is perfect. As part of our approach we have regular reviews to work with you so we can adjust your plans and ensure that you keep on track towards your financial goals.
Good financial advice can give you confidence that your future plans are achievable. If you’re not on track to achieving your goals, we can help you put the right strategies in place, or come up with more realistic goals.