Thursday, 8 March 2018

Ignorance is not bliss: poor financial awareness costing sleep


Do you know the balance of your credit card, or your overall financial position?  Lack of financial knowledge is costing Australians sleep!

Further, only 22 per cent of credit card holders accurately know their credit card debt. That’s according to UBank’s Know Your Numbers Index.

While there’ll always be some costs we can’t plan for, it’s important budgets are created and stuck to, to minimise potential stress in the future.

Poor financial awareness can trickle into poor physical health as sleep and stress levels take a hit. Fifty-nine per cent of respondents conceded that their financial situation has caused them to lose sleep, or contributed to stress.


How to improve your financial awareness


Financial management tools and budgeting apps are a great way for people to get on top of their money and feel in control of their finances.
The cost of living grew 2 per cent last year, and is currently at its strongest pace of growth in 3.5 years, it’s now more important than ever that Australians are in touch with their finances.

DC Advisory Group offer the Lifestyle Package, it is a great way to keep track of your finances.  

Services included in the package include
  • Initial set up an training
  • personalised balance sheet and data input
  • Goal setting and strategy session
  • Financial planning session
  • Retirement discussion (never too early to plan for retirement)
  • Annual meeting to review position
  • Cashflow budgets/goals prepared and reviewed annually
  • Estate planning
  • Email and phone support

We aren't going to lie, when you first see your overall financial position it can be scary.  Our Marketing Coordinator, Candice, looked at her finances, got such a fright that she logged straight back out!  After a few weeks, she has come to see the benefits and has set goals.  Now she is in love with the package and logs in every day.  Sprouting its benefits to anyone who listens.  Who wouldn't love regular access to financial planners, retirement planning and so much more.

Eliminate financial stress by reviewing your finances and finding the best deals on offer. A little bit of homework can go a long way to reduce the strain and help Australians live a bigger, happier life.

Contact us today to find out more about this wonderful package and how we can help you sleep better at night.

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