As 2024 draws to a close, now’s the time to think about getting your financial house in order for 2025 and beyond. Ricky Caldow and Mitch McKeown, Directors at the Bongiorno Group, highlight the importance of reviewing your financial performance, focusing on expenses, tax, cash flow, and investments.
 
Cashflow analysis — or budgeting — is key to wealth creation. Planning for tax efficiency, understanding loan structures, and reducing non-deductible debt are essential strategies for improving financial health. Engage professionals for tax and financial advice, ensuring that your financial decisions are aligned with long-term wealth creation goals, rather than just immediate concerns.
 
This general advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of this advice before acting on it. If this general advice relates to acquiring a financial product, you should obtain a Product disclosure Statement before deciding to acquire the product.