Learning how to manage your personal finances is not a subject we were taught in school and that’s why many of us fall into the trap of bad financial habits. Unlearning years of improper money management can be difficult. But knowing how to skillfully save, spend, invest, and protect your money is the key to living the ideal lifestyle you want for yourself and your family.
This is probably why there’s lots of financial literacy resources available everywhere! From books to blogs to influencers, you can easily find them with one click of a button. The best financial courses however are those that offer insights from different experts with years of experience in their fields.
That’s what makes the MUM CFOs Money Masterclass exceptional. The course gathers different experts from the fields of Credit & Debt Management, Wills & Estate Planning, Financial Planning & Protection, and Mortgage & Property Buying. It has consolidated the top tips from their respective industries so you get your hands on the most helpful insights to manage and grow your money. We’ve listed the top 8 ways the MUM CFOs Money Masterclass can help you.
- Live the lifestyle that you want
As MUM CFOs of the household, we aspire to live a life of not only comfort, but also indulgence from time to time. That’s why it is important that we plan our finances so we can allocate exactly what we need, and spare some for other luxuries we want to enjoy with the family. Although most of us have a vague plan in place, a qualified Financial Planner will help us stick to it and make sure we reach our goals. In this course, you’ll get to know our expert’s top tips and tricks that will guide you in achieving whatever financial plans and goals you’ve set for your family and yourself.
- Improve your credit rating
Want to get a loan to buy your dream family home? Or perhaps just rent one while looking for the right one? Whichever you decide, you’ll need a good credit rating to get approval. But what if you have a bad one right now? The Money Masterclass will teach you how you can turn that around.
- Learn to invest the proper way
For many of us, investing is a big and scary word. It involves a lot of decisions to be made, from deciding how much to invest, to understanding the different investment options, to picking an investment strategy. You’ll also need to decide the timelines for your goals, and the amount of risk that makes sense for you. But since investing is something that financially successful people tell us to do, we must get over the fear, if we want to be financially successful ourselves. In the Money Masterclass, Investment experts will share how they can take away some of the stress involved with investing by managing it on your behalf.
- Buy your dream home
Famous financier Suze Orman once said, “Owning a home is a keystone to wealth – both financial affluence and emotional security.” Not only do you feel more secure knowing you and your family have a roof over your head, but you also get the benefits of having your very own home. For one, it’s an investment that increases in value over time. It also gives you the opportunity to build your equity. You have the option to leverage your home equity and access it by redrawing on your loan or with mortgage refinancing. Your mortgage repayments also allow you to save by putting your money towards something that’s entirely yours. Renting may save you money now, but that’s money you’ll never get back in the future.
If you want to own a home and reap the benefits of it, the Money Masterclass can help you do exactly that.
- Acquire property
It is common knowledge that property is one of the best investments. Real estate does not only appreciate naturally over time, but you can also increase the rate of appreciation by making renovations and improvements. It’s a form of investment that gets you tax benefits and regular cashflow, should you choose to rent out your property. For these reasons and more, the Money Masterclass gathered a Buyer’s Agent, a Property Sales & Management expert, and a Conveyancer, to share their expertise with you so you can acquire a property whether it is for personal or investment purposes, as soon as possible.
- Avoid paying excess tax
Are you planning on making a big purchase? Are you sure you’re paying the correct amount of contribution to your superannuation? Would you like to know what purchases could classify as deductible expenses? All these and more are questions that a professional Accountant could help you with. They can give you correct and up-to-date advice on spending decisions based on the tax implications Do you have a tax question you need answering? The Money Masterclass might give you the answer you’re looking for.
- Prepare for the worst
It’s an uncomfortable truth, but we won’t live forever. While it’s not something that we want to think about, it’s a fact of life. As women of the household, we are often the glue to our families. If anything were to happen to us, not only are our families going to be devastated, but they will find it hard to perform the everyday tasks that we do. In this course, we’ll help you to prepare a plan, not only for your family to be able to function normally as soon as they possibly can, but also to make sure your family’s financial future will be taken care of in your absence.
- Have peace of mind
Having adequate insurance is key to you being able to focus on the important things in life because it will ensure financial security for you and your family should anything unfortunate happen. Whether you want to protect yourself or someone else from a catastrophe or something that you own that is of high value, getting insured will surely help put your mind at ease. But getting insurance is not as simple as it sounds. Many fall into the trap of getting “cheap” insurance, just for the sake of, not knowing that No-Frills Policies are competitively priced but not with comprehensive coverage. In the Money Masterclass, you’ll learn exactly what to look for, so you can get the most out of your insurance.
If you want to achieve all this and more for you and your family, check out the Money Masterclass today.