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Moving forward

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Contact a Westpac Financial Planner

 

Your income is increasing, but so are your expenses. There are ways to get ahead and help your money keep up with your changing needs.

Saving for a goal


The investments you choose to help you reach your goal will depend on a number of factors like the amount you'll need to save and how much time you have to reach that amount.

If you're saving for a specific goal, like a holiday or a car, an account like Westpac Reward Saver, which pays an incentive to save, might be the right choice for you.

To invest your savings in the short term, you can consider a term deposit which offers you a choice of terms and the security of a fixed rate on your investment.

If you are not sure how long you want to invest for, our Westpac Cash Manager offers you great returns with full at call access.

Learn more about different types of investments and view our product solutions.

Try our financial goals calculator to see how you can achieve your goals.

Changing jobs?


Take advantage of your options, a little bit of planning could help you reap extra benefits from the change.

It's not always possible, and it takes some commitment, but saving your pay rise can be a great way to get ahead. By starting a savings plan, in time you could be looking at much higher rewards than the amount you actually put away each pay period.

Try our financial goals calculator to see how your savings could grow.

If you have the option of moving your superannuation to another fund, you may want to shop around for the best alternatives.

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Just married or moving in together?


Time to look at the joint picture, living together means changes to your finances as well as the way that you live. Working towards your goals means establishing the goals you share and finding solutions that will suit both of you.

Becoming a parent


If you have children, or plan to have them, it will mean extra responsibilities and require you to adjust your financial plans. Planning for children can also involve providing for costs that come later in life, like higher education. Large expenses like education can often be met by planning ahead.

It's also worth thinking about ways to protect your family or partner if you are ever unable to work or suffer a major health setback. Westpac offers a range of protection policies so that you and those you care about can have peace of mind.

Buying a home?


Whether it's your first place or a new home, your finances will affect how smoothly the big move goes.

If you have a lump sum to look after between settlements, a cash management trust can be a good way to ensure that you get one of the best rates available for the period.

Protect your most valuable assets. Insuring your home is important, but many more homes are 'lost' through financial hardship than from fire. By protecting yourself with the right life and income insurance you're also protecting your home.

Check out the many types of home loans.

Our Financial Planners are available to help you with your needs. You can schedule an obligation-free appointment with a Westpac Financial Planner now.

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