Goal setting is an important principle when it comes to financial matters - but how do you know what goals to set, let alone where to start...so here's a few tips!

1. Goal setting
for a better
financial future.

2. 2
Want to start understanding and setting goals
for a better financial future? Keep reading.
Goal setting is an important principle
when it comes to financial matters –
but how do you know what goals to
set, let alone where to start?
Our vision at Inspired Money is to keep quality financial advice accessible
to all Australians. We do this by constantly educating ourselves and passing
our knowledge onto our clients through top-class education and financial
skills. We can assess your current financial situation and work with you in
identifying how to better your current and future financial setting.
In teaching you these skills, Inspired Money hold you accountable for learning from and with
these strategies. Yes, you read that right – You!
Regular reviews of your financial situation with Inspired Money will ensure that we can tailor
our approach to you, and we will endeavour to keep our advice honest and open.
We don’t exist to spoon feed financial success to you though. We’re here to assist you in
better understanding your current financial situation and provide goal setting and financial
planning tips to help you improve your financial future and overall wellbeing.
We’re giving you more value and education, starting with this eBook.
www.inspiredmoney.com.au

3. 3
What is a goal?
A goal is a desired result – something that is envisioned,
planned and committed to, and has a personal or
organisational end-point. There is some sort of assumed
development in the process of achieving the goal too.
Everybody sets goals – either for themselves or for other
people. Sports coaches set fitness goals for their athletes,
teachers set educational goals for their students and
parents may even set behavioural goals for their children.
Consider if you have ever set a goal for yourself. What
motivated you in doing so? And did you receive the
intended outcome? If you struggle to think of a recent
and attainable goal you made, then maybe it is time to
set some tangible money-related goals today.
The following are some examples of everyday goals that
can be easily identified, measured and controlled:
A Personal Goal
A personal health goal could be lowering your cholesterol
levels. This goal can be achieved through diet and
lifestyle alterations such as exercising regularly and
eating heart healthy foods. You may give yourself three
months (a deadline) to achieve this result.
So, now that you know about Inspired Money,
it might be an idea to identify what a goal is
and its importance in financial planning.
Identifying
your financial
goals.
A Business Goal
A work or business-related goal could be centred on
commencing and completing a work project within a
desired period. This could be achieved through adopting
better time-management practices such as concentrating
more, avoiding distractions and allowing dedicated time
periods (and breaks!) to work on said project.
A Financial Goal
Now financial goal setting is where we come in. We live
in a capitalist society which sees us work to earn money,
and then spend that money (income) to survive.
The money we earn is commonly spent on necessities such
as utility payments, transport and groceries, but also on
‘wants’ such as technology and entertainment subscriptions.
Sometimes, we find ourselves in situations where we are
paying for things we can’t afford. This is not excluding
items that we want, but can’t pay for upfront and in full.
It’s in these situations where ever-increasing debt and
repayments can feel like your financial goals are quashed
before even being set or are just simply unachievable.
Now that you know what goals are, want to know
how to set them?
Read on for tips on how to set money goals for your future,
from focusing your motivations, measuring your progress and
ultimately seeing your goals come to fruition.
www.inspiredmoney.com.au

4. 4
Common Financial Goal Examples
1. I want to save for my first home deposit. I want a 20% deposit on a $400,000
property, which is $80,000. I want to achieve this goal and have this deposit within
five years.
(This is very specific, but also a good example of what you want, what your deadline is and
what you need to do to be on the right track to achieve it.)
2. I want to pay-off my debts – car, mortgage, personal and education loans etc.
3. I want to be able to retire early and live a comfortable retirement while still enjoying
trips abroad and not living week to week.
Note: these are just examples. It’s important to come up with your own financial goals based
on what is important to you and your current/future circumstances.
Consider what’s important to you based on your current financial situation and how you
want to be living in the future. Every stage of your adult life generally has a financial goal,
motivating you to allocate your income and guiding healthy saving and spending habits.
Your priorities change throughout your life, from saving up for your first car, to your
first home deposit. Maybe you want a Lamborghini in your 50s? Or an early retirement
spent travelling to places you didn’t know how to save for in your youth – whatever your
priority, a clear financial goal can help.
Firstly, you’ll need to identify the financial goals you want to
set, monitor and achieve.
“To save money,” is too vague of a goal. There’s a lack of focus
to this motivation of simply saving with no desired result.
What does a focussed goal look like?
Focusing your
motivations.
Financial circumstances change all the time
– but being clever about financial goal setting
now, can do wonders for your future financial
setting in the future.
REMEMBER
NO FOCUS = NO MOTIVATION.
NO MOTIVATION = NO FOCUS.
www.inspiredmoney.com.au

5. 5
It’s important to remember to set realistic financial goals
for yourself.
There’s no point in saying you want to be a millionaire by twenty-five
if you’re twenty-four and six months. Unless you’re a ‘social influencer’
with lucrative brand deals or you win the lotto, chances are you’ve set
the bar too high.
Remember the SMART acronym as a prompt when goal
setting (see left).
This acronym can help when you are feeling that your financial goals
aren’t meaningful, attainable or you’re simply lacking a direction when it
comes to creating them.
Remember that it’s okay to be kind to yourself. You may find you’re
unable to save as much as you liked over a certain period due to your
car needing an emergency service, or a birthday filled month.
SPECIFIC
(or significant)
MEASURABLE
(or meaningful)
ATTAINABLE
(or action-oriented)
RELEVANT
(or rewarding)
TIME-BOUND
(or trackable)
Be SMART about it.
Life happens – it’s okay to not progress as
much in your savings in a month as you hoped,
just make up for it in the next month.
www.inspiredmoney.com.au

6. 6
The completion of goals is to be met with
satisfaction, not with careless effort and
thinking you could have done better.
These steps can help you in measuring your financial goals.
1. Track your net worth
This is the sum total of all your assets, minus the sum total of all your liabilities. Bank
accounts, retirement accounts, home equity and investments are assets. Liabilities
are debts such as student loans, mortgages, car loans and credit card debt. Know
your starting point!
2. Track your savings rate
This is how much money you save in a year towards your financial goal(s). Don’t worry!
Paying off your debt is still counted towards your saving as it is saving you from nasty
interest rates later. The 50/30/20 rule of thumb is great for budgeting and can make
you accountable, as 20% of your income should go straight into your savings.
By setting and measuring your financial goals – you have the ability to control
and implement changes to them. Remember that goals can be altered based on
measurement of progress, but it’s also wise to make your initial goal setting realistic and
attainable. If you change your goal settings too regularly, there lies a chance for lack of
achievement in the end result.
Goal setting doesn’t have to be an arduous
activity. You can make the process engaging by
measuring your progress achievements.
Measuring your
progress.
As business expert H. James Harrison said:
“Measurement is the first
step that leads to control and
eventually to improvement. If
you can’t measure something,
you can’t understand it. If you
can’t understand it, you can’t
control it. If you can’t control it,
you can’t improve it.”
www.inspiredmoney.com.au

7. 7
Financial considerations
for life events.
Financial goal setting paves the stepping stones
for your financial success. Some of us are natural
planners who already enjoy setting financial goals
for the future with no need for prompting. Whether
you’re planning to do some spring cleaning on the
weekend, or lose a few kilos by summer – there’s
an envisioned outcome with a deadline – so, you’re
already setting goals whether you realise it or not.
Why not add some financial goals in the mix?
Financial Planners like us at Inspired Money are experts in goal
setting. Nestled in the heart of Perth, we are accessible and trusted
in helping our clients achieve financial freedom and endeavour
for a better situation for the present and future. Whether you are
interested in big or small financial goals – we can help you set,
measure and achieve them.
If you’re not a natural planner,
or need further financial guidance,
contact Inspired Money today to see
how we can help you set and achieve
your financial goals today.
The following pages outline the steps we take to help you identify what
areas are affected and what you need to consider for a particular life event.
Click on a title to go directly to the relevant page.
Saving for a Deposit 8
Getting Married 9
Buying a House 10
Starting a Family 11
Receive a Pay Increase 12
Children’s Education Costs 13
Buy an Investment Property 14
Start a Business 15
Children Leave Home 16
Selling an Asset 17
Mortgage Paid Off 18
Divorce 19
Receive an Inheritance 20
Reach Age 50 21
Reach Age 56 22
Reach Age 60 23
Retirement 24
Aged Care 25
 08 6222 7909
 info@inspiredmoney.com.au
www.inspiredmoney.com.au

8. 8
“ Begin with the end in mind.”
— Stephen Covey
Making it: Budget and improve cash flow to create surplus income
We use your Income Plan to free up surplus funds to achieve your goal.
Your income plan determines strategies to improve your cash flow through a
combination of tax effective strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Determine an investment strategy to achieve your
deposit goal
We use your Investment Plan to explore your investment options and empower you
to choose what’s best for you.
Your investment plan explores the different options available to you and applies the
income plan and debt plan analysis to help you meet or exceed your goals.
Protecting it: Explore investment risks and life insurance options
We use your Risk Plan to protect the things that are important to you.
Your risk plan looks at what could go wrong in your financial circumstances and seeks
to identify and where possible mitigate these risks. Some of the ways these risks can
be managed are through implementing life insurance, recommending appropriate
investments and possibly fixing interest rates.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Saving for a Deposit.
Life Event:
www.inspiredmoney.com.au

9. 9
“ Reach high, for stars lie hidden in you. Dream deep,
for every dream, precedes the goal.”
— Rabindranath Tagore
Making it: Budget and improve cash-flow to
save money
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Explore investment options for
your savings
We use your Investment Plan to explore your investment
options and empower you to choose what’s best for you.
Your investment plan explores the different options
available to you and applies the income plan and debt
plan analysis to help you meet or exceed your goals.
Protecting it: Implement life insurance early
if you are contemplating a family
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Enjoying it: Understand how to use
superannuation for life insurance and
estate planning
We use your Retirement Plan to help you achieve your
ideal retirement.
Your retirement plan identifies your income needs in
retirement and the level of assets required to provide
this income. We work with you to achieve and sustain the
lifestyle you require.
Preserving it: Implement a Will to reflect
your new circumstances
We use your Estate Plan to ensure that the right assets,
go to the right people, at the right time.
Your estate plan articulates your wishes in the event of
your death and determines a strategy to provide your
family with funds in a tax effective manner and with asset
protection as a priority.
Getting Married.
Life Event:
www.inspiredmoney.com.au

10. 10
“ One half of knowing what you want is knowing
what you must give up before you get it.”
— Sidney Howard
Making it: Understand and budget for your
ongoing financial commitments
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Leveraging it: Evaluate your debt options
for purchasing your home
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Protecting it: Be prepared if interest rates
go up or your income stops
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through; implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Preserving it: Determine what happens to
this asset if you pass away
We use your Estate Plan to ensure that the right assets,
go to the right people, at the right time.
Your estate plan articulates your wishes in the event of
your death and determines a strategy to provide your
family with funds in a tax effective manner and with asset
protection as a priority.
Buying a House.
Life Event:
www.inspiredmoney.com.au

11. 11
“ The thing about goals is that living without them is a lot
more fun, in the short run. It seems to me, though, that the
people who get things done, who lead, who grow and who
make an impact … those people have goals.”
— Seth Godin
Making it: Cater for a drop in income if
someone stops working for a while
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Leveraging it: Explore ways to restructure
debt to reduce financial stress
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Protecting it: Understand the importance of
life insurance to protect your new family
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Preserving it: Evaluate if the guardianship
of your children should be in your Will
We use your Estate Plan to ensure that the right assets,
go to the right people, at the right time.
Your estate plan articulates your wishes in the event of
your death and determines a strategy to provide your
family with funds in a tax effective manner and with asset
protection as a priority.
Starting a Family.
Life Event:
www.inspiredmoney.com.au

12. 12
“ The greater danger for most of us isn’t that our aim is too
high and miss it, but that it is too low and we reach it.”
— Michelangelo
Making it: Understand how much tax you
now pay
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Explore investment options for
any surplus funds
We use your Investment Plan to explore your investment
options and empower you to choose what’s best for you.
Your investment plan explores the different options
available to you and applies the income plan and debt
plan analysis to help you meet or exceed your goals.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Leveraging it: Understand if negative
gearing is an option
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
Protecting it: Evaluate your income
protection insurance needs
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Receive a Pay Increase.
Life Event:
www.inspiredmoney.com.au

13. 13
“ Our goals can only be reached through a vehicle of
a plan, in which we must fervently believe, and upon
which we must vigorously act. There is no other
route to success.”
— Pablo Picasso
Making it: Determine how much of your
income needs to be invested in education
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Understand what investment
plan is best given the timeframe
We use your Investment Plan to explore your investment
options and empower you to choose what’s best for you.
Your investment plan explores the different options
available to you and applies the income plan and debt
plan analysis to help you meet or exceed your goals.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Leveraging it: Determine if debt should be
part of the investment strategy
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
Protecting it: Provide for education costs in
your life insurance
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Children’s Education Costs.
Life Event:
www.inspiredmoney.com.au

14. 14
“ I think goals should never be easy, they should force you
to work, even if they are uncomfortable at the time.”
— Michael Phelps
Making it: Understand how this will impact
your cash-flow
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Determine if this is the best
investment option for you
We use your Investment Plan to explore your investment
options and empower you to choose what’s best for you.
Your investment plan explores the different options
available to you and applies the income plan and debt
plan analysis to help you meet or exceed your goals.
Leveraging it: Structure your debt for
best effect
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Protecting it: Identify and mitigate risks
where possible
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Preserving it: Determine what happens to
this asset if you die
We use your Estate Plan to ensure that the right assets,
go to the right people, at the right time.
Your estate plan articulates your wishes in the event of
your death and determines a strategy to provide your
family with funds in a tax effective manner and with asset
protection as a priority.
Buy an Investment Property.
Life Event:
www.inspiredmoney.com.au

15. 15
“ Success is the progressive realization
of a worthy goal or ideal.”
— Earl Nightingale
Making it: Evaluate ownership structures
and income distribution options
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Leveraging it: Explore debt options to
provide a cash-flow buffer for emergencies
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
Protecting it: Determine if you need more
life insurance
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Enjoying it: Understand small business roll-
over relief rules
We use your Retirement Plan to help you achieve your
ideal retirement.
Your retirement plan identifies your income needs in
retirement and the level of assets required to provide
this income. We work with you to achieve and sustain the
lifestyle you require.
Preserving it: Understand how business
assets are treated on death
We use your Estate Plan to ensure that the right assets,
go to the right people, at the right time.
Your estate plan articulates your wishes in the event of
your death and determines a strategy to provide your
family with funds in a tax effective manner and with asset
protection as a priority.
Start a Business.
Life Event:
www.inspiredmoney.com.au

16. 16
“ If you want to be happy, set a goal that commands your
thoughts, liberates your energy and inspires your hopes.”
— Andrew Carnegie
Making it: Complete a budget to identify
surplus income
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Explore investment options for
any surplus funds
We use your Investment Plan to explore your investment
options and empower you to choose what’s best for you.
Your investment plan explores the different options
available to you and applies the income plan and debt
plan analysis to help you meet or exceed your goals.
Leveraging it: Evaluate the benefits of
downsizing your home and clearing debt
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Protecting it: Determine if you can reduce
life insurance and save money
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Enjoying it: Re-evaluate your retirement goals
We use your Retirement Plan to help you achieve your
ideal retirement.
Your retirement plan identifies your income needs in
retirement and the level of assets required to provide
this income. We work with you to achieve and sustain the
lifestyle you require.
Preserving it: Determine if you should
re-visit your Will to cater for your new
circumstances
We use your Estate Plan to ensure that the right assets,
go to the right people, at the right time.
Your estate plan articulates your wishes in the event of
your death and determines a strategy to provide your
family with funds in a tax effective manner and with asset
protection as a priority.
Children Leave Home.
Life Event:
www.inspiredmoney.com.au

17. 17
“ The trouble with not having a goal is that you can spend
your life running up and down the field and never score.”
— Bill Copeland
Making it: Identify options to reduce capital gains tax
We use your Income Plan to free up surplus funds to achieve your goal.
Your income plan determines strategies to improve your cash flow through a
combination of tax effective strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Explore options for investing funds
We use your Investment Plan to explore your investment options and empower you to
choose what’s best for you.
Your investment plan explores the different options available to you and applies the
income plan and debt plan analysis to help you meet or exceed your goals.
Leveraging it: Determine whether debt reduction is your best option
We use your Debt Plan to eliminate your mortgage and create wealth.
Your debt plan analysis your current debt structure, determines mortgage reduction
strategies and explores how debt can be used to build your wealth.
Enjoying it: Decide whether super contributions is your best option
We use your Retirement Plan to help you achieve your ideal retirement.
Your retirement plan identifies your income needs in retirement and the level of assets
required to provide this income. We work with you to achieve and sustain the lifestyle
you require.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Selling an Asset.
Life Event:
www.inspiredmoney.com.au

18. 18
“ In between goals is a thing called life,
that has to be lived and enjoyed.”
— Sid Caeser
Making it: Determine how much surplus
income is now available
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Explore investment options for
surplus funds
We use your Investment Plan to explore your investment
options and empower you to choose what’s best for you.
Your investment plan explores the different options
available to you and applies the income plan and debt
plan analysis to help you meet or exceed your goals.
Leveraging it: Evaluate re-borrowing for
investment purposes
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Protecting it: Determine if you can reduce
your life insurance cover and save money
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Enjoying it: Evaluate salary sacrifice for
retirement wealth creation
We use your Retirement Plan to help you achieve your
ideal retirement.
Your retirement plan identifies your income needs in
retirement and the level of assets required to provide
this income. We work with you to achieve and sustain
the lifestyle you require.
Mortgage Paid Off.
Life Event:
www.inspiredmoney.com.au

19. 19
“ If you aim at nothing, you will hit it every time.”
— Zig Ziglar
Making it: Budget for your new financial
circumstances
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Understand your options for
surplus funds
We use your Investment Plan to explore your investment
options and empower you to choose what’s best for you.
Your investment plan explores the different options
available to you and applies the income plan and debt
plan analysis to help you meet or exceed your goals.
Leveraging it: Determine your debt needs
and how much you can borrow
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
We take you through the following steps to
help you identify what areas are affected and
what you need to consider.
Protecting it: Evaluate if (and how) life
insurance should be considered in your
settlement
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Enjoying it: Review your retirement plans
given your new circumstances
We use your Retirement Plan to help you achieve your
ideal retirement.
Your retirement plan identifies your income needs in
retirement and the level of assets required to provide
this income. We work with you to achieve and sustain the
lifestyle you require.
Preserving it: Review your estate plan given
your new circumstances
We use your Estate Plan to ensure that the right assets,
go to the right people, at the right time.
Your estate plan articulates your wishes in the event of
your death and determines a strategy to provide your
family with funds in a tax effective manner and with asset
protection as a priority.
Divorce.
Life Event:
www.inspiredmoney.com.au

20. 20
“ It is not enough to take steps which may someday lead to a goal;
each step must be itself a goal and a step likewise.”
— Johann Wolfgang von Goethe
Growing it: Explore investment options for these funds
We use your Investment Plan to explore your investment options and empower you
to choose what’s best for you.
Your investment plan explores the different options available to you and applies the
income plan and debt plan analysis to help you meet or exceed your goals.
Leveraging it: Determine if you should reduce your debt
We use your Debt Plan to eliminate your mortgage and create wealth.
Your debt plan analysis your current debt structure, determines mortgage reduction
strategies and explores how debt can be used to build your wealth.
Enjoying it: Evaluate the impact on your retirement goals
We use your Retirement Plan to help you achieve your ideal retirement.
Your retirement plan identifies your income needs in retirement and the level of assets
required to provide this income. We work with you to achieve and sustain the lifestyle
you require.
Preserving it: Understand if you should discuss estate planning
with elderly parents
We use your Estate Plan to ensure that the right assets, go to the right people
at the right time.
Your estate plan articulates your wishes in the event of your death and determines
a strategy to provide your family with funds in a tax effective manner and with asset
protection as a priority.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Receive an Inheritance.
Life Event:
www.inspiredmoney.com.au

21. 21
“ All who have accomplished great things have had a
great aim, have fixed their gaze on a goal which was
high, one which sometimes seemed impossible.”
— Orison Swett Marden
Growing it: Evaluate the benefits of salary sacrificing
We use your Investment Plan to explore your investment options and empower you to
choose what’s best for you.
Your investment plan explores the different options available to you and applies the
income plan and debt plan analysis to help you meet or exceed your goals.
Leveraging it: Explore debt reduction strategies
We use your Debt Plan to eliminate your mortgage and create wealth.
Your debt plan analysis your current debt structure, determines mortgage reduction
strategies and explores how debt can be used to build your wealth.
Enjoying it: Determine realistic retirement goals and strategies
We use your Retirement Plan to help you achieve your ideal retirement.
Your retirement plan identifies your income needs in retirement and the level of assets
required to provide this income. We work with you to achieve and sustain the lifestyle
you require.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Reach Age 50.
Life Event:
www.inspiredmoney.com.au

22. 22
“ You have to set goals that are almost out of reach. If you set a
goal that is attainable without much work or thought, you are
stuck with something below your true talent and potential.”
— Steve Garvey
Making it: Understand the benefits of a
transition to retirement strategy
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Evaluate the benefits of salary
sacrificing
We use your Investment Plan to explore your investment
options and empower you to choose what’s best for you.
Your investment plan explores the different options
available to you and applies the income plan and debt
plan analysis to help you meet or exceed your goals.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Protecting it: Determine if your investment
strategy should become defensive
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Enjoying it: Determine realistic retirement
goals and strategies
We use your Retirement Plan to help you achieve your
ideal retirement.
Your retirement plan identifies your income needs in
retirement and the level of assets required to provide
this income. We work with you to achieve and sustain the
lifestyle you require.
Reach Age 56.
Life Event:
www.inspiredmoney.com.au

23. 23
“ If you want to live a happy life, tie it to a goal,
not to people or things.”
— Albert Einstein
Making it: Explore tax free withdrawals
from superannuation
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Protecting it: Determine if your investment
strategy should be more defensive
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Enjoying it: Understand the benefits of a
transition to retirement strategy
We use your Retirement Plan to help you achieve your
ideal retirement.
Your retirement plan identifies your income needs in
retirement and the level of assets required to provide
this income. We work with you to achieve and sustain the
lifestyle you require.
Preserving it: Implement a comprehensive
estate plan
We use your Estate Plan to ensure that the right assets,
go to the right people, at the right time.
Your estate plan articulates your wishes in the event of
your death and determines a strategy to provide your
family with funds in a tax effective manner and with asset
protection as a priority.
Reach Age 60.
Life Event:
www.inspiredmoney.com.au

24. 24
“ Setting goals is the first step in
turning the invisible into the visible.”
— Tony Robbins
Making it: Evaluate your income needs
in retirement and access to Centrelink
benefits
We use your Income Plan to free up surplus funds to
achieve your goal.
Your income plan determines strategies to improve
your cash flow through a combination of tax effective
strategies and the efficient use of your income. The
resulting surplus funds are then used to create wealth.
Growing it: Determine if you should transfer
non super assets into superannuation
We use your Investment Plan to explore your investment
options and empower you to choose what’s best for you.
Your investment plan explores the different options
available to you and applies the income plan and debt
plan analysis to help you meet or exceed your goals.
Leveraging it: Eliminate debt with
available funds
We use your Debt Plan to eliminate your mortgage and
create wealth.
Your debt plan analysis your current debt structure,
determines mortgage reduction strategies and explores
how debt can be used to build your wealth.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Protecting it: Re-visit your investment
risk profile
We use your Risk Plan to protect the things that are
important to you.
Your risk plan looks at what could go wrong in your
financial circumstances and seeks to identify and where
possible mitigate these risks. Some of the ways these
risks can be managed are through; implementing life
insurance, recommending appropriate investments and
possibly fixing interest rates.
Enjoying it: Understand how long your
superannuation will last
We use your Retirement Plan to help you achieve your
ideal retirement.
Your retirement plan identifies your income needs in
retirement and the level of assets required to provide
this income. We work with you to achieve and sustain the
lifestyle you require.
Preserving it: Determine if you should
revisit your wills to cater for your new
circumstances
We use your Estate Plan to ensure that the right assets,
go to the right people, at the right time.
Your estate plan articulates your wishes in the event
of your death and determines a strategy to provide
your family with funds in a tax effective manner
and with asset protection as a priority.
Retirement.
Life Event:
www.inspiredmoney.com.au

25. 25
“ If you set goals and go after them with all the determination you
can muster, your gifts will take you places that will amaze you.”
— Les Brown
Making it: Identify your eligibility to any government entitlements
We use your Income Plan to free up surplus funds to achieve your goal.
Your income plan determines strategies to improve your cash flow through a
combination of tax effective strategies and the efficient use of your income. The resulting
surplus funds are then used to create wealth.
Growing it: Decide whether to sell or keep your home
We use your Investment Plan to explore your investment options and empower you to
choose what’s best for you.
Your investment plan explores the different options available to you and applies the
income plan and debt plan analysis to help you meet or exceed your goals.
Enjoying it: Determine how your income needs will be met as you age
We use your Retirement Plan to help you achieve your ideal retirement.
Your retirement plan identifies your income needs in retirement and the level of assets
required to provide this income. We work with you to achieve and sustain the lifestyle
you require.
Preserving it: Evaluate the suitable distribution of your assets
We use your Estate Plan to ensure that the right assets, go to the right people, at the
right time.
Your estate plan articulates your wishes in the event of your death and determines
a strategy to provide your family with funds in a tax effective manner and with asset
protection as a priority.
We take you through the following steps to help you identify what areas
are affected and what you need to consider.
Aged Care.
Life Event:
www.inspiredmoney.com.au

26. I’M INSPIRED BY THE
FINANCIAL FUTURE
WE’RE BUILDING
 08 6222 7909
If you’re not a natural planner,
or need further financial guidance
– contact Inspired Money today to
see how we can help you set and
achieve your financial goals today.
 info@inspiredmoney.com.au
www.inspiredmoney.com.au