New Year’s resolutions often get a bad reputation for being made in the spur-of-the-moment or for simply being unfeasible over the long term. However, this is often due to the poor psychology that surrounds such resolutions, giving the average individual an ‘out’ where they can break their goals without good reason.

We believe 2020 should be a time to embrace your resolutions and strengthen them with smart habits and sensible behaviours. However, just like your investments, you should diversify your new year’s resolutions. When you place all your eggs in one basket, it’s easy for resolutions to fall by the wayside at the first sign of a challenge. But by diversifying your strategies, you can balance the good with the difficult as you navigate the next year ahead.

Here are some ideas to kick-start your resolutions for 2020:

  1. Not sure whether you’re putting enough into your retirement fund? Use a superannuation calculator to predict how much you should be investing every year in order to live a comfortable lifestyle once you’ve retired.
  2. Explore alternative means of bumping up your super fund. Would salary sacrifice make a minimal impact on your general budget but really bolster your super fund over the next five years?
  3. How well do you really know your financial situationcredit card & bank balance? There are plenty of tools available online to help you become a better budgeter this year – and the extra money you save could always be invested to grow your wealth and super.
  4. Focus on halal wealth management ideas that appeal to your personal values but will also build your wealth over the long term. Get in touch with us today to find out how we can help with regard to your superannuation fund or otherwise point you in the right direction based on our Islamic values and beliefs.
  5. Maybe 2020 is the year you change your approach to car management or even real estate. Perhaps you don’t need that extra set of wheels that just sits in your garage and racks up expensive registration fees. Would taking public transport to work instead of driving save time, money and a lot of stress? There may be more options at your disposal than you realise. And you may like to think about this before new year’s eve.

The bottom line is that your financial future should always be tied to your personal values, and you should think long term rather than short term.

That’s why Crescent Wealth is the perfect partner for you, as we are invested in providing ethical super and supporting your financial goals.

Here’s to the New Year.

More about Crescent Wealth

Our mission is powerful but simple: to ensure all Australians can protect and grow their retirement wealth through an Islamic super fund without compromising their core values, and beliefs.

Our own approach actively avoids investments in industries such as gambling, alcohol, tobacco, weaponry, and interest-earning (riba) organisations. We focus on profitable, asset-based investments that contribute to the advancement of humanity, forge community engagement, and cement responsible investing as an accessible option for all Australians.

Since 2013, Crescent Wealth has helped thousands of Australians to protect and grow their superannuation, whilst helping steward humanity.

As a pioneer within a dynamic new sector, we offer all Australians an attractive alternative in socially responsible investing.

Crescent Wealth makes a positive impact in the world around us. Not only can we affect change through our daily actions, but also through our investments and savings.

We can choose not to profit from war or socially detrimental activities like gambling and alcohol. Our superannuation and investment options are available to all Australians directly through us or financial advisors right across Australia.

We encourage you to read through the rest of our website, and get in touch on 1300 926 626 to find out more about our ethical super and islamic investment options.

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Managing Director

Talal currently serves as a Non-Executive Director on the Whitlam Institute and Western Sydney University Foundation Council Board. He also serves as Chairman of First Quay Capital and Chairman of the Australian Arab Dialogue. Talal has also served on the Australia Post, Board of Sydney Ports, Macquarie University and the Western Sydney Area Health Service and the Chairman of the Department of Foreign Affairs and Trade; Council of Australia Arab Relations. In an executive capacity, Talal spent 10 years at PwC as a director and strategist, and at investment firm Babcock & Brown in the Corporate Finance Group and later in the Technical Real Estate Division. Later Talal held leadership positions in Better Place Australia, Platinum Hearing and Star Transport Australia.

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