Footloose & fancy-free (20's to '30s)

So now you have left school, you're in your first real paying job, earning a steady income. You may be saving for your first car or want to save for an overseas trip.  

This first stage is all about laying the right foundations on which to build so that you can set yourself up for financial freedom in the future.

Many of us didn't learn about credit cards, superannuation or how mortgages or insurance works at school. Yet now, it's something that we may need to deal with.  Getting the right financial advice is critical at this age to ensure you get a good head start.

Things to consider

  • Starting a savings plan,
  • Learning how to budget & manage cashflow,
  • Setting financial goals,
  • Saving for travel, a new car or even your first home,
  • Protecting your income and your life, and 
  • Managing short-term debt.