Wealth creation is an umbrella term used to mean the investment strategies you put in place to create a better financial situation for yourself in the future – these can include superannuation, investments, property ownership and a raft of other ways to achieve your end goals, including making sure you have an appropriate level of insurance.

For example, salary sacrifice into super is a very tax-efficient way to save. In some cases borrowing to invest can allow your interest to be tax-deductible, and there may be other efficiencies like paying interest in advance.

Call 1300 55 10 45 to speak to an Intellichoice financial planner and which is the most tax-efficient ways to save and invest.