Credabl Blog

Optimise your savings strategy

Written by Credabl | Jun 11, 2025 2:00:00 AM

Keep your cash. Let your loan do the hard work. 

Running a medical, dental or veterinary practice often means walking a fine line between business decisions and personal finances. But there’s a simple truth: your business is not you. 

So why dip into your personal savings when smarter finance options could do the job for you? 

Smart move #5: Optimise your savings strategy 

At Credabl, we help doctors, dentists and vets protect their financial wellbeing by ensuring their loan structure supports your goals, without draining your lifestyle, savings or momentum. 

As EOFY approaches, now is the perfect time to review your financial setup and make meaningful changes that set you up for the year ahead. 

Your savings should serve you, not your business 

When expenses mount or new opportunities arise, it can be tempting to dip into personal reserves. But before you do, ask yourself whether your money could be working harder elsewhere. 

Using your savings to reduce your home loan or keeping them aside for life goals such as family perks, travel or home improvements can deliver better long-term value. Protecting your lifestyle creates stability both inside and outside your practice. 

Structure your loans instead of straining your savings 

This is where the right financial structure can do some heavy lifting. 

“EOFY is the perfect time to take a step back,” says finance specialist Suman Saha. “Rather than dipping into personal savings, we help practitioners structure finance that supports their goals without compromising their lifestyle. Your cash should work smarter, not harder.” 

Whether you need funding for equipment, staffing or expansion, or simply want to ease pressure on repayments, reviewing your loan setup could help you preserve cash while giving your medical practice room to grow. 

Offset accounts: your quiet achiever 

Offset business loan accounts are a simple way to make your savings go further. By linking your loan with your everyday business account, any funds held for tax, BAS or upcoming bills help reduce the interest charged on your loan. 

It’s a quiet but powerful way to save money over time, without needing to change your repayment structure or access additional finance. 

EOFY tip

Before using personal savings for your business, check if your loan is still the right fit. Smarter structuring could free up cash and keep your lifestyle on track. 

Your next step 

With EOFY just around the corner, this is the time to make sure your finance strategy is doing more with less. At Credabl, we help doctors, dentists and vets structure their loans to support growth while keeping their personal savings protected. 

Talk to us today to review your loan setup before the financial year wraps up.