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I am a hairdresser with my own business. I’ve always been good at saving so ever since superannuation was introduced in 1992, I’ve been making regular contributions.

I like to have my business finances under control and I was pretty keen to have that same control of my nest egg. I felt it was my responsibility to make decisions about what it should be invested in. When I looked at the value of my assets it was clear that my super came close to being my largest investment it deserved more of my attention.

My accountant referred me to Karen who’s now my financial adviser. She explained the various structures in superannuation after which I decided a self-managed super fund (SMSF) would suit me. Karen helped me set it up. It wasn’t easy, but with a balance of around $600,000, it was worth the effort as I’ve been able to reduce my fees.

A year ago the shop I lease came up for sale and with Karen’s guidance I was able to use some of my SMSF money to buy it. Now that I own it, I’m busy with some renovations – in turn, business has picked up so I know it was a great investment.

I am really enjoying learning about investment strategies and having more control over my superannuation fund.

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