Liabilities like loans and credit cards, cause thousands of people daily to experience psychological stress and anxiety. Debt is also a discouragement for some to start saving and engage in investments. Let our financial experts help you take the first step to debt reduction. Our financial advice includes cash flow monitoring and effective ways on how to handle and use money.
The Prospera Financial Freedom System can help you reduce debt while creating wealth at the same time.
How does it work? Cornerstones of Prospera
Prospera is a system designed to balance many well tested methods of money management. The following are some of the methods that are adopted and balanced into a plan. This is where the skills of an Adviser who uses Prospera are needed to help find your level of investment.
- * Using equity to invest
- * Dollar cost averaging
- * Negative gearing
- * Cash flow monitoring
Using equity to Invest
Prospera unlocks some of the unused equity in your home and gets your money working for you.
Dollar cost averaging
By investing every month you are able to smooth out some of the potential fluctuation in market prices.
Negative gearing
Put simply this is using somebody else's money to make money. It multiplies any returns from investments.
Cash flow monitoring
Like a personal fitness coach, your Prospera Adviser will help you set targets, track your progress monthly, benchmark your results and review your strategy to account for any major changes.
The Prospera Financial Freedom System is designed to assist you:
- * Pay off your home loan earlier
- * Create an investment portfolio
- * Produce an investment income
- * Minimize your Personal Income Tax
- * Manage your cash flow
- * Increase your net wealth
- * Retire earlier
Prospera uses your equity to the greatest advantage by producing additional cashflow through investment and includes tax refunds. The additional money to pay off the debt comes from the investment income and negative gearing.
There is no magic. The only way to pay your home loan off sooner, is to increase your repayments.
Rather than leave you to work out how, Prospera provides you with a method of increasing your cashflow and therefore increasing your home loan payments.
This reduces the time required to become debt free.
As you are paying off your home loan sooner, this additional cash may be used to create an investment nest egg for retirement.
