The financial decisions we make earlier in life can have a significant impact on our lifestyle in later years. With life expectancy increasing all the time, It also increases our responsibility to be
Six Financial Decisions you May Regret Later in Life
- Your Starting Salary:
Employees who negotiate their starting salaries averaged a €5,000 increase compared to those who didn’t negotiate. Career guidance advice to increase your chances of salary increases recommends you, volunteer enthusiastically, highlight your team player skills and provide solutions to
- The Company You Work For:
- Your Choice of Partner:
Who you marry, if you marry, is one of the most important financial decision you can make. If you and your partner are compatible money-wise and commit to setting up a financial plan to save, invest and build your future, you can enjoy life and create financial security at the same time.
- Having Children:
In the last few decades, the average age of
- How you Save and Invest:
We suggest a contingency fund of circa 4 months income on deposit. This is so you don’t need to sell your
- Whether you rent or buy a house:
There are instances when it is better to rent than to buy a house. If you need mobility, don’t plan on staying in your area for long, you may be then renting might be the smarter option. However, as a homeowner, the mortgage will eventually be paid off and your housing budget will only have to cover taxes and repairs, so there may be more money to enjoy during your retirement.
Financial advice can benefit your Financial Decisions
Getting financial advice means success, as people balance the day-to-day priorities with their
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