There are 9  parameters to address to create wealth for generations to come. These include Goal Alignment, Tax Strategies, Asset and Investment allocation, Retirement Planning, Philanthropy, Estate Planning, Real Estate Strategies, Tuition Planning and Life Insurance. It can be overwhelming for individuals, especially busy professionals and entrepreneurs to streamline all these 9 parameters by themselves and that’s why it is advisable to hire wealth coaches to help you in all these 9 domains. 

In order to create wealth for generations, it is imperative to not only have the growth mindset but also train your next generation with the mindset to grow wealth. It becomes equally important to understand the mindset of the next generation and their thoughts on the new age investment opportunities like alternative investment portfolio or crypto. This generation of investors have seen more ups and downs as compared to many previous generations, and hence there have...

If you are already a homeowner, you have probably thought about buying an investment property or you might have already bought some investment properties. 

In my experience of over 2 decades helping people buy their investment properties, I believe there is a three point checklist to make a decision to buy an investment property, which includes: 

1. Evaluating your financial stability with respect to paying for the down payment, installments and regular maintenance. 
2. Estimating appropriate return on investment and finding deals which can provide enough return for your time, effort and money 
3. Putting aside time to consult your wealth advisor to ways that can help you save taxes legally on the basis of your investments. 

In my experience with my clients and myself, I start to see massive tax savings from 3rd investment property onwards and financial freedom from 5th investment property onwards. So, if you have your goals set to saving massive amounts of...

 How to use debt and taxes to create wealth? 

In my career of over 2 decades of helping my clients grow their wealth, I have found two tools that have been very helpful in creating wealth. These two tools are debt and taxes. 

Do you know debt can be used as a leverage to create assets and build wealth over time? 

Do you know that the government encourages people to use debt to create assets and generate long term wealth by giving you opportunities to save taxes? 

But both these tools - debt and taxes are like sharp swords. Thus, they need to be handled well and you need to learn how to use them to benefit from it. 

Why do you think the government incentivises you to take debt by asking you to pay less taxes? 

One Primary Reason for this incentive is that the government is aware that entrepreneurs can help solve the bigger problems in the society and they can supplement the work that the government is doing to help...

I was once asked what we can do to create a pyramid of money or wealth pyramid. On deeper introspection on how I created my own wealth pyramid and how I helped my clients to create theirs, I found that a pyramid can be created if you focus equally on three sides of the pyramid. In the case of the wealth pyramid, the three sides denote Necessity, Pleasure (that includes Charity) and Savings (or money saved for a rainy day). 

If you have not focused on any of them, the wealth pyramid cannot be created. When you have focused on each of these and have created the walls of the pyramid, then comes the time to fill the pyramid with investment money. 

When you know you have enough money for a rainy day (typically 3-6 months of the expenses on a minimum side and 3-6 years of expenses on the maximum side), then you feel confident of taking calculated risks and feel ready to making investments that can yield appropriate returns in the short and long run to achieve your...

If you are someone with a desire to leave wealth for the future generations or to create wealth by helping people, and then contribute to charity to help more people - in either case you are working today so that you can live the life you want and make a real difference in the world.

With my decades of experience in helping entrepreneurs and professionals create wealth, I have seen that once entrepreneurs understand how to run their business; and professionals become a master in their area, then they become unstoppable and they continue to grow. But, many times with a focus on business and profession, entrepreneurs and professionals do not get time to focus on financial planning and understanding how to grow their wealth by making their money work for them harder.

And often, they tell me that they do not understand financial planning well enough to make their money work harder for them!!

So I figured a small analogy that I want to share today to help you understand what financial...

How to double your retirement portfolio? 

A midlife crisis is a transition of identity and self-confidence that can occur in middle-aged individuals, typically 45 to 65 years old. One of the most important aspects that you start to give more attention to during the middle aged years is your ‘retirement portfolio’. With growing life span and more arenas to spend on, we have to be more mindful of our retirement expenses and hence we need to focus on growing our retirement portfolio during the middle aged years. 

There are three main areas on which we can work to increase our retirement portfolio with the intention of doubling it. These areas are: understanding short term and long term taxation, understanding when and how to switch the asset classes in the asset portfolio and lastly, how to modify our financial behaviour to favour growth of the retirement portfolio. 

Consistent with investment

We have all heard about the idea of being...

 Pay yourself first

" The secret to wealth is to pay yourself first. " - Helia Singh

 Paying yourself first is one of the pillars of personal finance and considered the golden rule by financial planners. Also, Paying yourself first means paying your for your own education.
This golden rule is what can set you apart from people who have to scrape by every month. All it takes is a little dedication and a lot of discipline. 

Get the Financial Courses for FREE  HERE

Hi, I'm Helia Singh, an award-winning 7-figures femaleprenuer, I am a trusted wealth Coach and Financial Adviser. I help people to create a healthy relationship with money and reach financial independence & freedom following their value based financial plan back by my system. This exact system is responsible for making my clients happy millionaires.

This article will provide you quotes I made with new ideas and motivation to keep saving, working, and striving for the achievement you desire.

Poor Financial Mindset

" No amount of money can fix poor financial mindset " - Helia Singh

Money will not be able to heal a poor financial mindset until you utilize it to educate yourself in financial literacy and discover new magical things you can do with your money.

That is why EDUCATION in any forms can make us grow and grow as long as we don't stop learning.‍
 Enroll now or call +61 1300 603 609

Magic Happens

" Discover the things you love to do,...

Currently, there are two types of business visas to Australia that we will examine their differences:

Visa 188A: Innovation in business and investment (temporary visa):

1. Business innovation
2. Investment business (minimum investment amount 1.5 million dollars)
3. Significant investment business (minimum investment amount of 5 million dollars)
4. High investment business (minimum investment amount of 15 million dollars)
5. Entrepreneur

Visa 132A: talent in business and trade (permanent visa):

1. Business with a remarkable history
2. Entrepreneurial business with bold financial support from Australia (at least one million dollars)

This condition is for people under the age of 55 and they must create full-time jobs for two people.

If you are over 55 years of age, you must invest 50% more and also create 4 full-time jobs in Australia.

* They should also buy their own property here.

* This amount varies in Australian states, for example:

Victoria (Melbourne): You need at least $3 million

...