Having a clear achievable plan to reduce your debt is an important factor in increasing your overall wealth position. It is unusual if you don’t have some form of debt these days. Therefore, you want to ensure that it is managed correctly.
The process of reducing your debt also addresses how your debt is structured. At PJT, we look at what loans you have, the level of exposure your assets are subject to against the borrowing and the borrowing costs (including interest).
Debt is what brought the world to its knees during the Global Financial Crisis, so it is important your borrowings are reviewed regularly to ensure they are working for you and not against you. It’s also important you are operating within your financiers loan terms as this could put your assets at risk.
If you want personalised advice to help reduce your debt, PJT Financial Services can assist you make informed decisions which will increase your wealth in the long term. Contact us for a no obligation appointment today.
GENERAL ADVICE WARNING: This information has been prepared without taking into account your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs.
PJT Financial Services Pty Ltd CAR Number 1243046 ABN 13615402189 is a Corporate Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361
Wayne Patten ARN 277883 is an Authorised Representative and Jodie Thompson ARN 277884 is a Limited Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361
What Client's Say
"PJT has always provided exceptional accounting service and advice relating to business operation, planning, taxation, investment and more.",
"The principals and staff are always approachable and display a sincerity in your business and situation.",
"PJT have made our life of running our own business much easier, knowing they are up to date with the latest in tax laws, and happy to help out with any queries we have,