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WealthGenerator Strategies

Voluntary bankruptcy

When you cannot pay your debts having explored every alternative solution, you may consider filing for voluntary bankruptcy.

Write down your financial goals

Writing out your financial goals, setting a timeline and steps to achieve those goals will mean the difference between financial success and failure.

Shop around for a lower fee super fund

How much you retire with can be significantly affected by the fees your super fund charges. It is therefore important to shop around for a lower fee super fund.

How to use credit cards to build wealth

Using credits cards to spend money that we don’t actually have can have dire consequences for our personal finance.

Reduce your debt to build wealth

Whilst debt leveraging can be a useful wealth-building tool, in most cases reducing or removing all debt will result in a higher standard of living.

Pay yourself first to reach your savings goals

It sounds contradictory and counterproductive but paying yourself first can be a very effective personal finance strategy for wealth generation.

Incorporated association

An incorporated association is a formal legal structure adopted by a broad range of non-profit organisations. The operations of an incorporated association are restricted to its home state.

Hybrid trusts for capital growth and income assets

A hybrid trust is a particular type of trust that combines the best elements of a discretionary trust and a unit trust in the one entity.

Trade shows and exhibitions

A trade show or exhibition is an exhibition organised so that companies in a specific industry can showcase and demonstrate their latest products and services.

Home unit companies have reduced annual return fees

Home unit companies are a type of special-purpose company and subject to a reduced annual return fee of $55.

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