Episode 15 | The importance of strategic planning (Wealth With Purpose part 3)

Ask a question or send feedbackIn this episode, Aden and David chat about strategic planning for wealth. David explains why having a plan is crucial to tilting the odds of fairness in your favour. He discusses the key outcomes a strategic plan should deliver, such as being on track to achieve your goals and maximising available cash flow. David also stresses the importance of minimising taxes. This insightful discussion provides valuable guidance for anyone looking to develop a strategic approach to managing their finances and achieving their purpose with their wealth. (0:01:12 - 0:03:56) The importance of cultural fit (0:03:56 - 0:08:14) Tilting the odds of fairness in your favour (0:08:14 - 0:11:36) Being on track to achieve goals (0:11:36 - 0:14:05) Having a thinking partner for financial planning (0:14:05 - 0:17:40) Starting a plan with a net worth statement (0:17:40 - 0:21:27) Comprehensive information gatheringResources:The Human Capital ModelThe Purposeful Investor Podcast is a public service provided for Australian investors wanting to make smart decisions with their money, avoid costly mistakes, look after the people they care about, and, have a great life!We draw on over 30 years of experience from David Andrew and the Capital Partners team.For more information on Capital Partners' award winning team, visit capital-partners.com.au. Have a question? Email us [email protected] episode provides general advice only. We do not consider your personal circumstances when we share this information. Always refer to your financial adviser for advice about your personal circumstances. Capital Partners Consulting Pty Ltd AFSL 227148 trading as Capital Partners Private Wealth Advisers ABN 27 086 670 788.