Electricity Prices Are Rising – Here's How Smart Investors Stay Ahead

From July 1, 2025, electricity prices will increase for many Australian households - with those in NSW seeing the steepest rise, ranging from 8.3% to 9.7%.

For professionals already managing busy lives and planning for retirement, this kind of cost-of-living pressure can quickly eat into even the best-laid financial strategies. 

In Money: Master the Game, Tony Robbins asks a powerful question: 

"Have you made the decision to become an investor - not just a consumer?" 

This mindset shift is crucial. True investors pay themselves first, consistently allocating a portion of their income to long-term goals, regardless of external pressures like inflation or rising utility bills. 

So, how can you maintain your momentum even as everyday costs rise? 

Start by Automating Your Savings (and Your Bills) 

Savvy investors know that automation is the key to consistency. Just as you can automate your savings strategy, you can also automate how you manage energy expenses - without spending hours combing through comparison websites. 

One tool our clients use is Bill Hero - a subscription-based service that continuously monitors your energy bills and automatically compares them against every available plan on the market.

If a better deal comes up, Bill Hero notifies you and helps you switch without taking commissions from retailers, so you get unbiased recommendations every time. 

• Annual cost: $49 (electricity only) or $79 (electricity + gas) 

• Savings guarantee: You'll save more than your subscription fee on your first bill - or your money back!

Financial Freedom Starts with Smart Systems 

As fiduciary advisers, we help clients implement the 7 Simple Steps to Financial Freedom - a proven framework championed by Tony Robbins and other financial thought leaders.

One of the most critical elements? Automating your progress. When you remove the need for willpower and decision-making each month, financial success becomes a byproduct of your systems. 

If you're serious about building long-term wealth while navigating rising costs, let's talk.

We'll help you: 

• Set realistic savings targets 

• Identify hidden money leaks 

• Create a personalised, automated strategy to stay on track - no matter what 

📞 Book your free introductory call today!

Regards,

Simon

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Alternatively, if you'd prefer a personal touch, book a free 15-minute consultation here to discuss your specific situation and explore how to optimise your retirement plan.

Find out more about how we can help: https://www.providencegroup.com.au/retirement-planning-services