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How to be Smart with Your Money

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What To Do With Your Money

What to do with your money could be either a dream or you could make it happen. It could encompass:

- What to do with your money now             
- What to do with your retirement money
- What to do with your savings
- What to do with extra money
- What to do with no money

At Fleming Financial Services, we break down the barriers to help you personally or as a small business. We try to make your dreams reality.

Fleming Financial Planning works with “Smart R’s” (get it…)

- Rethink your attitude towards money matters
- Retain your investments through smart strategies
- Re-invest your hard earnings

We believe that money matters, and you simply cannot afford to throw it all away by mistakes or lack of understanding. Fleming Financial Planning will show you how to be a Smart R’s with your money.

Pay down debt or to invest?

To live in the world of tomorrow, with less government support, where we are living longer; paying down your mortgage won’t provide you with assets to generate income to support your lifestyle in retirement.  We all need to save money for the future.

The level of investment and how much to repay debt is a real balancing act, and is dependent on the circumstances of each individual.

If money is going to be directed to accumulating savings, then consideration for growth, tax implications, should also be made so that each individual is doing the most with their money.

We all need to consider investing.

What is investing?

Investing is the process of buying assets in the hope that over time they will grow, so you can benefit from any income they produce, such as dividend payments, or from the capital growth realised after their ultimate sale.

Successful investing isn’t dependent on how much you earn, it’s largely based on the type of assets you choose to invest in and the duration of that investment.

Asset classes

Investment options can generally be divided into four major asset classes:

Reference; Asset Classes Fact Sheet, OnePath 2011.


  • bank accounts
  • cash management trusts

Fixed interest

  • debentures
  • government and corporate bonds
  • interest bearing securities


  • direct investment properties (residential and commercial)
  • property trusts managed by professional fund managers


  • direct share ownership
  • managed funds managed by professional fund managers

Asset class characteristics

Each asset class has common characteristics that determines how they react to the movements of the financial market. Consequently some asset classes suit certain individuals more than others, depending on an individual’s risk profile and the investment duration.

Why should I invest?

Different assets have different characteristics. Bank accounts produce income, are secure, however over time the real value of your money can actually decrease, as inflation erodes the purchasing power of your money. Shares and property produce income, values grow – with higher levels of volatility.

We all experience the effects of inflation through the ever-increasing cost of living. That’s why careful investment of your money is so important.

The benefits of investing include:

  • The opportunity to actively increase or grow your savings
  • Making your money work hard for you
  • A chance to share in the wealth of a growing economy
  • The opportunity to keep your savings in line with inflation, and
  • The potential to generate an income in retirement.

When should I invest?

It’s not when, but rather for how long you invest which will determine how effectively your money grows. Many people follow the old adage that it’s time in the market, not timing the market, which matters most.

By maintaining a long-term view of your investments, you can reduce the impact of short-term market fluctuations and, over time, enjoy higher growth.

A long-term investment strategy has the added advantage of compounding the interest you earn on your investment.

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Office Address
Fleming Financial Planning
Address: 13 Balaclava Street, Woolloongabba, QLD, 4102
Email: admin@flemingfp.com.au