Life in your 20s can be a whirlwind as you try to find your feet in the world. Our checklist of important things to consider can help you orientate yourself.
This article originally appeared in the "Slice Of Life".
This month marks my 30th year as a Financial Adviser. Watching people grow and achieve, and knowing you might have had a little bit to do with that, has been incredibly rewarding. In those 30 years, I have immersed myself in the world of wealth management, coaching and mentoring. In fact, I’ve turned in to a bit of a hoarder, taking large amounts of notes and putting together a huge library of books and manuals.
Picture your first years in retirement. Things are going great. Days spent playing with the grandkids, sunny mornings on the golf course and leisurely walks on the beach - your very own version of nirvana! Before you completely relax into your golden years though, you should be aware of a potential financial pitfall that can be devastating just as retirement begins.
I successfully quit smoking 20 years ago today – 20th May 1996 (not that I’m counting). Thank goodness, what a filthy habit!!
As anyone who has given up the smokes will tell you, quitting is tough. In fact, I had numerous attempts before I got it right.
You’re excited! The big day has finally come. You’ve dreamt of this moment for years; no more pointless Monday morning meetings, no more doing emails at 6am, no more of those ridiculous team-building events, no more strategic opportunities to leverage our game-changing, holistic, disruptive, evidence-based, sustainable blah blah blah nonsense.
Many people ask me what I think the future might hold. "What's the market going to do next year?" they'll say, or, "What kind of hot share tip do you have?"
These are the wrong questions to ask.
Look at each of these photos for a few seconds. What do you see?
Pro-cycling is an extreme endurance sport. Approximately 35,000 km are cycled each year in training and competition (yes, that’s nearly 800 km’s per week on average over a 10-month season). Some races, like the Tour de France, last 21 days (approximately 100 hours of competition) during which cyclists must cover up to 4000kms.
Think about it. That humble old tredley collecting dust in your shed has a unique combination of simplicity and efficiency, and all with truly amazing health and wealth benefits.
Interestingly, that would be the opposite of what you get with your car!
Most newlyweds spend more time picking out their wedding cake than they do talking about how they'll handle money. But understanding where your new spouse stands on key financial issues can not only strengthen your financial situation, it can also help your marriage. Here are a few areas to get you started.