Debt Management

“Turn your financial dreams into your future reality with the right kind of expert advice.”

Every goal needs a plan. We’re here to make sure your plan is on track to turn your financial goals into your future reality.

-David Armstrong-

We Make Financial Advice and Debt Management Simple

Borrowing money is easy these days and that’s why it’s even easier to get into debt.

But, not all debt is bad debt.

Having a debt management plan in place and understanding the different between good and bad debt could help you make better financial decisions.

Good Debt

“Good” debt is when you borrow to invest to purchase wealth-building assets – meaning assets that are likely to increase in value over time and/or give you an income. Good debt may also be tax deductible.

An example of good debt is borrowing to purchase shares or an investment property.

Bad Debt

“Bad” debt is a loan used to purchase non-income producing assets and where the interest on the loan is not tax deductible.

Using a credit card or a personal loan to fund a holiday or to buy luxury items are examples of taking on bad debt.

How we Can Help

Knowing how to manage your debt can help you take control of your financial future and manage your cashflow.

We can recommend a debt management plan to help you pay down your bad debt whilst using good debt to build long term wealth.

Should You Borrow to Invest?

Borrowing to invest (also called gearing) may help you accelerate the process of wealth creation by allowing you to make a larger investment than would otherwise be possible.
This greater exposure gives you the potential to magnify your returns, but can also magnify your losses.

To take control of your debt speak to a qualified Financial Adviser at Armstrong Financial Planning.

We’re Here to Help

Picture this: you lie awake at night, struggling to think of a way to pay off your debt faster. Or maybe you and your partner talk in circles about your investment options but are confused about the best place to start.

Sound familiar? Don’t worry, we can help.

Financial advice and planning can be confusing.

At Armstrong Financial Planning, we make financial advice and planning simple.

Building wealth and meeting the goals you want to meet doesn’t happen overnight. It takes expert advice and careful planning – and no, not the kind of advice you’ll find at a family barbeque.

We offer financial advice backed by years of experience helping you understand how to get the best out of your financial future.

And trust us when we say that you won’t have to worry about confusing industry jargon. We understand you and want to make getting the right kind of financial advice as simple and accessible as possible.

"David is professional and has a easy method of explaining complex matters. We trust David 100%."

John & Rita

"We have been with David for many years looking after our investments and has always been there when we needed him. Would have no hesitation in recommending David."

Jim & Annette

"Usual common sense approach by David. Very honest and supportive. Happy to recommend"

Peter Kale

"Mr Armstrong has the ability to impart his knowledge which is easy to understand. He is patient and explains financial information which is easily understood. He is professional and business like in his approach when dealing with clients."

John & Maria Gandey

"Known David Armstrong for many years now and he has always done his best for our needs and lifestyle. "

Palom and Rod

"Always is professional and provides information and investment that suit my needs ."

Bruce Richards

"David has provided advice for me with regard to Super, Insurance and Investments. His experience and professionalism provide me with a great deal of comfort. He has always been available when i have needed him and I have always felt that he has my best interest in mind with all advice he presents. He is not the kind of advisor who will make you feel pressured to take up something that you are uncomfortable with, but rather he takes the time to make sure you understand and are comfortable with his recommendations. I have no hesitation is recommending David and his team to my Family and Friends."

Josh Richards

"David is very clear and knowledgeable with his information."

Darren Craig

"David has always been very professional in assessing our needs and the way forward. We feel very comfortable in trusting his advice and assessment of strategies for our future retirement We would have no hesitation and referring David to others for their financial planning needs."

Les & Jacqui Martin

"I feel very comfortable with David managing my funds and advising me about various issues to do with my retirement fund."

Val Harvey

"David has managed my retirement fund successfully for 16 years ; I couldn't be happier with the result today and would recommend him to everyone."

Noela B

"It is important to gain the right advice for tax effective strategies and investments. David has been very helpful and personable in his approach."

Mark Hopkins

"I have been with David since he first started in his capacity as an NAB financial advisor and would not hesitate to recommend him to any of my friends who wanted someone reliable to manage their retirement funds."

John & Shirley

"David has provided me with excellent service for more than 12 years; both pre and post retirement."

Digby Ellis

"We are very fortunate to have David Armstrong looking after our Super."

Edward & Thelma

"Extremely professional and knowledgeable in all aspects of his advice and guidance. "

Ray & Carolyne Mulholland

"David is always very helpful, explains situations clearly and usually helps me to feel positive about my investment strategy. Giving me his undivided attention for the duration of the visit is always a plus."

Colin Tait