at Knowledgebank IQ | 04 April 2014 |


It is generally characterised by your first regular employment, a higher level income than during your education years as well as relatively few financial responsibilities.

When you’re young, with few financial commitments, you’re in a perfect position to build the foundations for a financially secure future. It is important to understand that making sound financial decisions in the early years of your life will have a huge impact on the later stages of your life.

How can financial planning help me?

Consulting with a financial planner can help you build and protect your wealth. A financial planner can also assist you in helping to identify important goals and objectives that you wish to achieve. Commencing a financial plan now can give you a head start in reaching your goals.

A financial planner can help you:

  • Set goals and establish a budget

  • Identify surplus income and implement a savings plan

  • Protect your lifestyle through appropriate insurance cover.

  • Ensure that you are in an appropriate superannuation fund for you.

  • Make the right superannuation investment selection for you.

  • Buying a property and payoff your mortgage

  • Establish an investment portfolio

  • Manage your debt

  • Identify your estate planning requirements.


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