Smart Money Strategy: Your Ultimate Guide to Financial Planning

by Luke Smith

Be your own financial planner and create a winning strategy to achieve your money goals Do you want to learn and apply the strategies that experts use to grow and protect wealth? In Smart Money Strategy , popular financial planner Luke Smith comprehensively reveals the principles, methods and tactics that real financial planners use with their clients. Every person’s―and every family’s―financial journey is different. There’s no silver bullet or one-size-fits-all approach. But there are financial strategies that can be applied, no matter what stage you’re at in life, to get your money working harder for you with less stress. Smart Money Strategy will help you to define your priorities and create a personalised, actionable plan to achieve your goals. You’ll learn effective strategies to manage your income, reduce your debts, and maximise your investment, superannuation and retirement outcomes. Even better, you’ll learn how different strategies can be stacked together for maximum benefit. In other words, you’ll learn how you can stack the financial odds in your favour! You’ll discover: From adopting a money mindset to protecting your assets, with Smart Money Strategy you’ll uncover the secrets to achieving your financial goals. Whether you want a hands-on DIY approach, or you’re looking for the essentials you need to talk more confidently with your own financial planner, this book will help you create a tailored plan for growing your wealth.

Genres: Finance

400 pages, Paperback

Published March 13, 2023

Reviews

[Sean A · Rating 5 out of 5]

Everyone no matter what age should read this book if they are serious about their finances

[Callum Iles · Rating 3 out of 5]

A perfectly helpful book introducing you to key aspects of financial planning. Aimed more for those new to investing, although some of the advice around superannuation was quite useful.

[Michael Woodman · Rating 1 out of 5]

Self serving rubbish. a waste of good paper.

[Peter Bowman · Rating 5 out of 5]

Smart Money Strategy takes you beyond the money management basics that most personal finance books cover to reveal real financial planning strategies that financial planners use with their clients.

There are four parts to the book starting with 'The foundations' which talks to having the right mindset and behaviours. This includes getting your focus on goal setting which guides what strategies you use. The second part of the book talks about "strategy stacking", an original concept by the author which explores how different financial strategies work together. The third part of the book are the financial planning strategies themselves. Each financial planning strategy is explained in solid detail, along with when to use it as well as do's and don'ts. The strategies cover everything from daily money management, to investment, super, retirement, wealth protection and estate planning strategies. The final section of the book is putting your plan into action, which talks to creating a financial plan and how seeking advice works.

A wide variety of people would benefit from this book. It opens up a world of information that most people would never know about. I suspect though smart people will be drawn to this book. It won't be for everyone, even though I think everyone could benefit from the strategies in this book. Even if you have a financial planner, I think a book like this could also help you have a more confident financial planning conversation with them and help ensure you're not missing out on any strategies.