Accumulating Your Wealth

Stage: Establishing your financial position

Retirement may seem a long way off, but the benefits of starting early with a savings plan cannot be underestimated. Young singles may have shorter term financial goals, i.e.

Saving for: first home or overseas holiday.

Paying off: credit cards or education debts.

Starting up: an investment portfolio or new business.

Sound financial planning means you can work towards your goals without it having a major impact on your lifestyle.