December always feels like a race against the clock. With Black Friday and other holiday sales, it’s easy to lose track of spending. So ask yourself, how in control of your finances are you right now?
This is the perfect time to take a step back, review your recent spending, and set yourself up for a strong start to 2026. Planning ahead is one of the best ways to ensure a healthy financial future, but where should you start?
We know December might be hectic, but looking forward to January it is typically a slower month, making it the perfect opportunity to hit the “reset button” and review multiple layers of your financial wellbeing; from spending habits to long-term goals.
At Locumsgroup, we offer a complimentary initial appointment to explore how we can support you in managing and planning your financial life. A simple meeting can go a long way.
Mortgage and Debt Consolidation
Our team is here to help you get the most out of your current loan arrangements. We’ll review your current rates to see if refinancing could be advantageous. In addition, it’s important to assess:
- Your Loan Structure
- Your Home Equity
- Opportunities to Consolidate Other Debt under your mortgage
Need Help with Cashflow?
Now is a great time to review your cashflow and see if your current lifestyle is sustainable long-term. You may also discover opportunities to invest more and grow your wealth. Have you ever completed a cashflow analysis?
Our Accounting team can help you get a clear picture and take control of your finances by reviewing:
- Income vs Expenses
- Emergency Funds and Debt: (Ensure liquidity for unexpected events, and evaluate debt management strategies)
- Savings and Investment Structure: Check your current progress and setup for long-term goal.
Long-Term Wealth & Retirement Planning
Our team can help you secure your future by reviewing key areas of your super and investments:
- Normal Contributions and ”Catch-Up Contributions : Review concessional and non-concessional contributions and consider tax efficient “Catch-up strategies.
- Investment & Fees: Reassess your risk profile, fund performance, asset allocation, and compare fees.
- Insurance & Goals: Check your life, TPD, and income protection insured cover, and ensure projected balances meet your retirement objectives.
Taxation
Our team can help you assess your mid-year tax position and plan for the remainder of the financial year:
- Tax Position & Planning: Estimate your current liability and adjust withholding if needed.
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- Deductions & Strategies: Identify opportunities to reduce taxable income and plan super or investment moves.
- Business & Capital Gains: Review business profits, allowable deductions, super obligations, and timing of CGT events.
Investments
Last and not least, our wealth management team can help you optimise and strengthen your financial future by reviewing:
- Current performance & rebalance assets if needed
- Risk tolerance, ensuring your investments align with you.
- Income streams and assist with updating Wills, Trusts, or Beneficiary Nominations as needed
In summary, planning and regularly reassessing your financial strategy is the key to growing long-term wealth. From 2025, there are three important lessons we’ve learned:
- The market will always be volatile!
- You must save for your future if you want one!!
- Economists get the economy wrong… all the time!!!.
We can’t control the world or predict every change, but having a plan, and being willing to adjust it when needed, is the best path to financial security. Stick to your strategy, reassess when necessary, and build a plan that works for your future.
