Now the New Year has begun it’s time to refocus on some of the important goals we want to achieve. For those of us with children, no matter how old they are, it’s important to educate them on how to set themselves up for financial freedom over the long term.
The possibility of owning a home, has perhaps, become a faint dream for many younger Australians, but the need to save and build wealth and create financial freedom remains the most fundamental aspect of any financial plan.
When you have time on your side,
it’s not how much you earn,
it’s what you save that matters.
Accordingly, here are five financial rules young people, and the not so young, would be wise to learn early…