|Wealth plan TV (2.5.2) Wealth Accumulation Advice
The second part of tonight’s episode on wealth accumulation finds presenter Kerry Sharp speaking with financial planner Shane Keary who has a holistic financial planning service.
What is wealth? Being frugal and in control of your spending leads to accumulation of assets compared to someone else who may earn more and not is not in control of their debt management, that never saves anything.
Financial planners like Shane are quite frank with their advice to clients who live beyond their means assisting them look at their life situation and change for the better.
Kerry and Shane also discuss releasing equity in property and shares to develop more assets but life isn’t as simple as this. The client’s life and near future ambitions must be considered before taking on more debt.
You Tube video link: http://youtu.be/hBWe6St_hZ4