20s to 35s | STARTING OUT

Whether you're studying, working, travelling, living at home or with friends, saving to buy a house, have a mortgage or starting a business, now is a great time to get smart with money. The choices you make and the habits you form in the starting out stage may impact how much financial freedom you have through the years and even decades ahead.

A major focus at this stage should be on saving, some of your priorities may include:

  • Buying your first home
  • Getting married
  • Debt management
  • Savings, business and career planning
  • Longer-term investment strategies
  • Having children
  • Starting a new job
  • Managing credit card debt
  • Funding further education
  • Moving out of the family home for the first time
  • Making significant purchases e.g. car, holidays
  • Income and life protection
  • Family healthcare