Have you ever wondered how those with more money manage their finances? What sets them apart from everyone else? While you may think their success is down to luck or inheritance, most observe a proven wealth-building formula of earning, saving, investing, protecting assets, and managing debt. Discover 3 secrets to financial success that can change the course of your financial future in 2025.

Secret 1: Treat your finances like a business

Budgeting and cash flow management are essentials for all businesses. Successful businesses use financial reports to review past performance and plan for the future.

They manage their cash flow by paying bills on time, avoiding too much debt, and preparing for unexpected events.

The same principles apply to personal finances.

Tracking spending in a budget makes you more aware of how much money you have. It helps you live within your means, making you less likely to overspend.

Reviewing your budget and making adjustments helps you stay on track. And find ways to cut back and put more money into savings.

A clear picture of your income and expenses gives you more control of your finances.

Secret 2: Spend and borrow smartly

Controlling your spending and staying within budget are important steps on your journey to financial success. But so is investing smartly to build wealth over time.

A mortgage may be your biggest debt, but it’s also an important financial tool provided it’s used wisely.

Revolving credit or an offset account can help you pay off your mortgage faster while building equity.

Splitting your home loan across a range of fixed interest rates helps mitigate the risk of rate fluctuations.

Reviewing your mortgage checks it’s set up effectively so you get the most out of it.

Paying off your mortgage faster creates opportunities for wealth building, like investing in property.

Secret 3: Prioritise insurance to safeguard wealth

Insurance is a financial safety net that protects your income, savings and goals.

Just like businesses insure their assets, your home, car and other valuable assets should be properly covered too.

The type of insurance you need depends on your personal situation. An insurance broker can help you choose the right cover.

Because when life takes an unexpected turn, insurance lets you focus on recovery instead of worrying about finances.

Protect the important things in your life with the right insurance cover.

Bonus secret: Get expert advice

Successful people value expert advice, especially for managing money. Contact Mortgage Express to connect with a financial consultant who can help you create a financial plan tailored to your goals and needs.

While all care has been taken in the preparation of this publication, no warranty is given as to the accuracy of the information and no responsibility is taken by Finservice Pty Ltd (Mortgage Express) for any errors or omissions. This publication does not constitute personalised financial advice. It may not be relevant to individual circumstances. Nothing in this publication is, or should be taken as, an offer, invitation, or recommendation to buy, sell, or retain any investment in or make any deposit with any person. You should seek professional advice before taking any action in relation to the matters dealt within this publication. A Disclosure Statement is available on request and free of charge.

Finservice Pty Ltd (Mortgage Express) is authorised as a corporate credit representative (Corporate Credit Representative Number 397386) to engage in credit activities on behalf of BLSSA Pty Ltd (Australian Credit Licence number 391237) ACN 123 600 000 | Full member of MFAA | Member of Australian Financial Complaints Authority (AFCA) | Member of Choice Aggregation Services.