The two main ways to build wealth in Australia

A quick thought I had over the weekend when we consider the two main ways. People build wealth here in Australia and that is via investment property ownership or invest investing into Superannuation and of course most people do both. Perform a cash flow point of view there’s a stock difference between the flexibility between debt levels and commitments to a bank compare compared to invest investing by concessional contributions into Superannuation. I often see people with cash flow issues because of high debt levels which are restrict their ability to get the easy wins of concessional contributions? The ability to wind concessional contributions into Superannuation up or down depending on your cash flow needs at the time is for me clearly a huge advantage and helps people get the balance right between the present day and looking after our future selves.
General advice only. #superannuation #propertyinvestment #tax #financialadvice #retirementplanning