The WA Property Q&A

The WA Property Q&A


EP24 The Importance of a Good Financial Plan With Kora Drage

May 08, 2024

In this episode of the WA Property Q&A podcast, Peter has an in-depth interview with Kora Drage, a financial advisor from Visia Financial Services. They dive into the nuances of buying property in Western Australia, exploring some important topics that are often ignored or neglected, including

 

·     the importance of having a financial plan,

·     differences in generational financial strategies,

·     the advantages of adopting a financial plan early

·     the role of property in personal finance,

·     specific strategies young and first-time buyers can leverage

·     and various government schemes like the First Home Super Saver Scheme to assist first-time homebuyers.

 

In addition, the discussion also covered the significance of diversification in investments, advantages and potential risks associated with investment in property compared to share portfolios, and the impact of life circumstances on financial planning.

 

Links and Resources:

·     First home super saver scheme

·     Kora Drage on LinkedIn

·     Visia Financial Services

·     Rezzi

·     Peter Fletcher on LinkedIn

 

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