Which financial professionals do you need in your life?

Hire professionals? Why would a Gen Xer do that? We’re smart enough to do it ourselves.

Plus, our careers and kids aren’t terribly time-taxing. We don’t need social lives, or to spend time with our partners.

Thpppt! Crazy.

Gen Xers need financial professionals, or need their heads read. Outsource the jobs you hate, won’t find the time to do, don’t know how to do, or couldn’t be bothered learning.

Accountants and financial advisers should be first up.

Doing your own tax return is as depressing as listening to Alanis Morissette. Unless your tax return is truly basic, hire an accountant. A little-known law states that property investors without accountants are certifiably loopy.

Building wealth is a commitment of at least hours each month. If you’re not going to commit to that, professional financial advisors will help you understand risk and make the appropriate investments. Get them to sort insurances to protect your family also.

Mortgage brokers will better what you can organise yourself almost every time. Whether a home or an investment, brokers know what banks are doing what deals and which products will suit you better.

A good solicitor will become increasingly important for Xers for estate planning, as we age and our wealth increases.

And for people in small business, almost anyone that frees up your time could be worthwhile.

A handyman, a gardener and a cleaner – all professionals who do their jobs properly first time around. Paying them for a few hours of their time usually frees up three times as much of my time to work … or relax. Awesome deal!

Bruce Brammall is the principal adviser with Bruce Brammall Financial (www.brucebrammall.com.au) and author of Mortgages Made Easy.