Make 2021 your best financial year ever!

Here are 4 easy steps you can take today to ensure you are on the right track to achieve your financial goals and head towards making 2021 your best financial year ever!


Look at your cash flow

When it comes to our finances, it can be easy to take a ‘set and forget it’ attitude towards money management - however, understanding how to save more money is easy when you follow a few simple steps. First, know where your money goes. Then understand how to save with cheaper alternatives, and sit back as you start to reach your savings goals sooner.

A good starting point is to draw up a monthly budget. This will help you know exactly how much you have to work with each month. 

If you’re looking to change your savings and spending habits to get ahead on your financial goals our handy saving tool can help you work that out.

Let’s take a look at how much you could save and calculate your potential savings - with our interactive savings tool!


If you have never set yourself a cash flow budget before, now is the perfect time to create one so you can be in better control of your finances. At FinChoice, we can work with you to set your savings goals, review how you've structured your bank accounts, and come up with a tailor-made plan to kick some savings goals.

How is your superannuation tracking?

According to data from the Australian Taxation Office, 14.8 million Australians have a super fund account. Of those, 43% have more than one superannuation account. While this statistic is startlingly high, it is not surprising. Many people will open a new super account every time they switch jobs and, as such, end up with four, five, or even 10 different superannuation funds. As a result many Australians are spending thousands of dollars each year in unnecessary super fees.

For those who have more than one super account, it may be worth looking at consolidating your different funds. By consolidating your super funds, not only will you have just one account to manage and you could potentially save yourself thousands of dollars in fees and charges.

At FinChoice we can assist in identifying how to consolidate your different super funds, whilst also taking into account any insurances currently held.

Review your life insurances

A lot can happen in the course of a year and the insurance you had in place at the start of 2020 may no longer be adequate or appropriate. Our lives are constantly changing, so it is crucial your personal insurances are relevant to your circumstances. A significant increase in debt (e.g. increasing your mortgage), a new job, the arrival of a baby, or a change in a relationship status are just some of the reasons to review your life insurance policies.

There may be coverage that needs to be added, removed, and/or increased. The key issue is that you have sufficient life cover in place to enable your family to live comfortably if the unthinkable happened - with a sustainable solution in place that allows you to satisfy all the other priorities you have in life.

Enlist the experts!

No matter your goals, by having an expert on your side, they can help you work out what’s best for your situation, and help you get and stay on track. Even if you do consider yourself to be financially savvy, it is always good to have an expert on hand to help get ahead faster and make your money work harder.

Our FinChoice advisers will take the time to prioritise your financial goals, and work with you to determine a personalised roadmap of how to achieve them using a range of tailored strategies suited to your goals and circumstances. 


Contact us today and get your financial wellbeing off to a good start for 2021