The PCR Blog

Helpful news, tips and business advice for small to medium business owners about how to maximise profit, minimise waste and grow and protect your business.

6 Keys To Your Wealth: Your Income

Over the coming weeks, we will be publishing a 6-part series called “6 keys to your wealth”.

The 6 keys to wealth being:
– Your Income
– Your Risk
– Your Investment
– Your Debt
– Your Freedom (Retirement)
– Your Estate

We know that you will find them insightful and look forward to hearing from you so that you can achieve your financial freedom. This week, we will be focusing on Income.

Income, the money you make!

When you are starting out, your income is really all you have. That, and your ability to earn more of it.

Income supports our lifestyles and ensures there is food on the table. So when looking at your wealth, income is really important.

What is most important about your income in relation to your wealth, is how you manage it.

What does managing your money really mean?

It is important to make sure that you understand what your income will support in terms of your lifestyle and what you want to achieve with your wealth. Even saving a little early on can make a big difference.

Do you understand what you can afford, where you want to get to and most importantly have you created a plan to get from where you are now to where you want to be?

If not, there is no time like the present to get on top of it. The earlier you start with getting everything in order and moving towards your goal, the greater the chance of success.

Owner of PCR Accounting & Advisory, Peter Marmara-Stewart is a top-tier accountant and financial advisor dedicated to helping clients reach their business goals and achieve financial freedom. Peter is highly regarded for his client-focused approach and entrepreneurial spirit, catering to a diverse range of professionals across a wide scope of industries all across the country. Peter’s expertise can help you plan effectively, set goals, maximise profits and protect your assets. Get in touch today on (03) 9847 7516.