Family Life

planning for the future

housesales

This article is brought to you by Homesales.com.au

For those of you who are regular readers you will know that I have a five-year-old girl and three-year-old boy. They are the most beautiful little souls, but we are done! SO DONE! And by DONE! I mean, there are no little extra people coming our way. We are at that amazing stage of kind of enjoying while trying to survive the rough and yet amazing toddler and young little people stage. Every week/day/second something is new and we are always reflecting on the moments, good and bad.

And the truth is, we are also at the stage of planning our family’s future. Next year is a big year for us as our little girl starts school {sighs} and our little boy starts kindy {bigger sigh}. We are planning and building our dream home and already thinking about the amazing parties and celebrations we are all going to experience.

Thoughts about when our children become teenagers and young adults also crosses our minds. What kind of young people are they going to be? What will their passions be? Where will their academic schooling take them? Will they want to travel… and as parents, how are we going to be the best parents we can be and give them everything they want and need {bigger sigh}.

To be honest, we have to start our financial planning now. Talking about it now and starting to plan now is going to put us in a better position long term. As one girlfriend told me, “the importance of thinking about investments and making the right investment decisions needs to start now, before you have kids or while they are young to enable a better family future.” And I realise, she is right!

On so many levels, I am a ‘live in the moment’ kind of person. And on so many other, deeper levels, I am a ‘planner’. Lucky for me, my husband is as well and he quite enjoys reading and researching everything and anything related to investment. When we talk about investment, when he talks about investment, property investment is usually something that repeatedly comes up.

From my little knowledge of property investment {little, don’t quote me}, is that property is in fact one of the best kinds of investment strategies. Not only can you depreciate your assets but if you hold onto property for long enough, the value, in most cases, will hopefully increase. Unlike the stock market, which can be volatile, where one day it can be high, and the next day it can crash.

We are starting to think about our family’s future by thinking about investment choices. Homesales.com.au has an investment property matching feature that matches investors to what they want to get out of it. So if you want a specific percentage return or certain rent price, you can enter these wants and find a home somewhere around Australia that is estimated to yield these results. This is something very unique, because as my property investment guru says, each property, location, type and size will give different returns and different outcomes.

We might be using this feature a bit more very soon.

Disclaimer: Everyone has different needs and different financial circumstances, so please always seek expert advice before making any investment commitment. 

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  • http://emhawker.com.au Emily

    It’s never too early or too late to start financial planning. Good luck with it all! And good luck to your littlies as they start school and kinder next year. #teamIBOT

  • http://carlacram.com Carla

    We started early with property investment and it has done us well. It’s really important to research the area, to go with an area that is going to be in demand, i.e. train stations, roads in/out, schools and shops. Also, it’s pretty much concrete that if you buy an older home, and add some value through renovating bathroom / kitchens, painting, tidying garden, you will do well. Buying an apartment or brand new house in an estate doesn’t usually have the same rise in value in the shorter term. Property is a long term investment, shares can be short term which is a key difference and/or advantage.