Cash Flow and Budgeting

Where does your cash go each day, week or month? If this is a question that you are forever asking yourself then we need to start tracking your spending so we can uncover and understand your money habits.

At Amega Financial Solutions we try and live by 4 principles:

Be realistic — Living to a budget is not a ‘cash diet,’ it’s a healthy balance where you shouldn’t deprive yourself or over-indulge in spending.

Spend less than you earn — Live within your means and put any spare money into your savings.

Avoid Personal Debt — Don’t spend what you haven’t got so cut out, or cut back on your credit card spending. This doesn’t mean avoiding ‘good debt’ to buy assets like a home or investments.

Don’t be caught out — Have an emergency fund for unforeseen events and cover yourself with the right insurance.

If you have further questions, please give us a call or use the enquiry box to send us an email.

ASCK Pty Ltd (ACN 105 450 566), trading as AMEGA Financial Solutions is an Authorised Representative and Credit Representative of AMP Financial Planning Pty Limited Australian Financial Services Licensee and Australian Credit Licensee 232 706. General advice warning: This website contains general information only. It does not take into account your objectives, financial situation or needs. Please consider the appropriateness of the information in light of your personal circumstances.

Financial Services and Credit Guide