Finance Tips for ‘First Timers’


At the Kearney Group, we believe there is no time like the present.  We also believe you don’t have to have a whole lot of income, assets or investment experience to benefit from a little advice.

While a long-term strategic plan will be necessary at some point, consider speaking to a financial planner who offers ‘scalable advice’.  They should be able to help you cherry pick the strategies and services that will provide you with the most immediate value and will introduce you to the world of finance, one step at a time.

So, if you’re just starting to think about your finances or have been wondering for some time whether financial planning is right for you, we’ve got a few tips and tricks that might help you get rolling…

Tip 1: Get Your Debt Sorted

When taking on debt, remember…


Finding the loan that is right for you can be confusing but it is important to select a package that is appropriate for your needs and respects your overarching financial goals and objectives.


Whether you’re making HECS/ HELP payments or lining up your first home loan, make sure you get your debt structured properly to ensure it’s as tax effective as possible. Getting the good debt/ bad debt equation balance is critical and poor structure can cost you thousands of dollars each year.

It Shouldn’t Be That Hard:

Your loan shouldn’t be unclear, hard to manage or riddled with fees and charges. If yours is, you should think about speaking to a professional.

Buyer Beware:

When a bank offers you a loan, just remember you are being offered their ‘product’.  This isn’t necessarily a bad thing but it isn’t always in your best interests either.  Ask yourself: Does this banker know me and my individual situation?  Has he/she asked about my long-term financial goals?  Do they have any interest in a long-term relationship with me?  How does this loan stack up against other banks? Can I be certain that this loan will work in harmony with my other financial arrangements?

For More Information:

  • Visit us online:  or speak to our team on +61 3 9428 8822.
  • Explore Kearney Financial Planning’s no-charge Debt Finance service.  Our team will scan 35+ institutions on your behalf and at no cost to you, we can refinance, restructure or procure new loans that are:
    • Right for you and your personal circumstances
    • Properly structured and tax effective
    • Respectful of your overarching financial goals


Stay tuned for tip 2!

Written By: Paul Kearney & Annie Lewis