She's On The Money We Asked a Financial Advisor Your Most-Asked Money Questions
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Feb 25, 2025 Daisy Magor, a financial advisor from Everest Wealth, dives into the big money dilemmas that many face. She discusses whether to pay off a mortgage or invest and reveals how to find a trustworthy financial advisor. Daisy tackles hot topics like debt recycling, car leasing myths, and the biggest financial mistakes even savvy individuals make. She also shares insights for aspiring financial advisors and emphasizes that smart financial management can empower independence, especially for single women.
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Paying for Financial Advice
- Consider paying for financial advice from your superannuation.
- This offers a 15% tax deduction and frees up other funds.
Choosing a Financial Advisor
- When choosing a financial advisor, seek one who specializes in your demographic and situation.
- Consider their philosophy and if it aligns with your risk tolerance and goals.
Lump Sum Decisions
- Lump-sum financial decisions are not one-size-fits-all, depending on individual goals and timeframes.
- Factors like HECS debt, investing, and house saving require personalized strategies.