Canberra adviser rolls out pilot project to engage GenYsBY LAURA MILLAN | MONDAY, 2 DEC 2013 11:50AMAn MLC financial adviser based in Canberra has come up with Cashflow Coach, a pilot program designed to engage GenYs in financial planning. Related News |
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Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
There are plenty of things that young people should do to take care of their financial affairs. A budget planner is a good start, as are some simple high level rules:
- sign a pre-nuptial agreement
- pay off debt before saving - especially credit card debt
- avoid getting into debt if you can
etc
My personal favourite is 'start saving for your pension sooner rather than later' - and if you don't believe me, you can explore the impact of your pension saving decisions using an online calculator, and notice the impact of charges, of making larger contributions and delaying your retirement....
You may also want to explore the impact of inflation.