Starting Out


We love helping young clients!

Financial literacy and planning for the future aren't just for older people, married couples and the retired. Planning for the future from a youthful age will have a lot of benefits for you in the long term. You may not have a lot of assets, but you have the two most important assets that will secure your future, time and human capital.

Making an early start on planning your financial future will put in place good financial habits and can help you achieve financial independence sooner, purchase a property or the confidence to start your own business. Although it may seem a long way ahead, starting to plan for your retirement now, and protecting your family and income early, could make a very big difference to your family’s lifestyle and security in years to come. Remember the power of compound interest can do a lot of the work for you.

One of the first things to do when you are trying to take charge of your finances is to understand where you are spending your money, so you can better control your spending and save for those larger goals in life. Keeping track of your spending and putting regular amounts into a savings account are good habits which will stand you in good stead later on.

Make sure your super is working for you. Paying into your super fund from an early age means that there will be more in there when you do eventually retire. Being aware of the fees and costs being charged from your fund ensures that you are keeping more for yourself and not the super fund.

If you are Just Starting Out and looking to build the foundation for a secure future, contact Reid McGill we'd love to help.