Embark Accounting

Getting paid cash might seem like an easy way to make extra money, but in the long term might not be so good.

This is what we are all about at Embark!

Are term deposits really as good as they seem?

A fixed interest rate and guaranteed return can sound like the perfect place to put your savings. But there’s more to consider than just the interest rate.

💰 Tax: The interest you earn is taxable.

📈 Inflation: If prices rise faster than your return, your money may actually lose purchasing power.

🔒 Limited access: Your money is generally locked in for a set period, and withdrawing early may come with restrictions or penalties.

💡 Opportunity cost: Your money could potentially earn a better return elsewhere, depending on your circumstances.

Term deposits can still be a useful option but make sure you look at the real return and the bigger picture before locking your money away.

Do you have a student loan?

Make sure you understand how your student loan deductions are calculated.

Our goals for the year. Three words. Pretty simple on the face of it.

Consolidation. Foundation. Scaffolding.

Consolidation - taking stock of what we already have. Our people, clients, knowledge, systems and the things we’ve learned along the way.

Foundation - making sure the important stuff underneath Embark is strong. How we work, how we develop our team, how we look after clients and what we want Embark to become.

Scaffolding - then building on top of it. Better systems, better tools, better training and better ways of doing things.

It would be pretty easy to make the goal “growth”. More clients. More staff. More revenue. But bigger for the sake of bigger has never really been the plan. This year is about making Embark better, strengthening what we’ve already built and putting the pieces in place for whatever comes next.

Nothing particularly flashy. Just trying to do things properly.

Watch this space 🙌

Business is about more than numbers; it's about conversations.

Every great outcome starts with understanding your goals, your challenges, and where you want to go next.

That's exactly what we're here for! 🙌

Investing isn't about being lucky; it's about making good decisions consistently.

Investing isn't about being lucky; it's about making good decisions consistently.

A small decision today can save you a lot of time later.

If you own a rental property, having a simple system from day one makes keeping records so much easier.

Future you will definitely be grateful. 🙌