What is Wealth?
Wealth is commonly identified as a state of having an abundant supply of material goods, especially money.
Creating wealth for a financial goal can be a short-term saving plan or a deposit on the purchase of your first home. This could also include more complex goals like early repayment of a mortgage or putting a strategy in place to achieve financial freedom.
At Money Mechanics we help make money work for you, rather than the other way around. To do this, we need to understand the benefits of compound interest and saving money to invest, while still ensuring you can enjoy the quality of life that you want.
To maximise the benefits of compound interest, starting early is better. If that’s not an option for your situation, we also can advise relevant wealth creation strategies that work for you.