Young Independents

You are gaining financial independence and saving for the next best thing - either a car, an overseas adventure or for your first home. You have no dependents and your first priority is furthering your career to support your savings as well as a relatively expensive social and recreational lifestyle.

Set out below are examples of what you need to consider when managing your affairs. Starting a financial plan to help you map out how to best manage these matters is a great start. Why not ask us how we can help you work out the best plan for you?

Things to consider:

Protecting income in the event of accident or illness to be able to fund:

Rent
Bills and Cost of Living
Lifestyle
Saving for home deposit and travel
Education
Financial independence
Debt repayments

Starting an investment portfolio and or a savings plan to work towards:

Purchasing first home/car
Traveling overseas
Education costs
Building wealth over the long term