Whether you rode a Chopper or a BMX, listened to Dionne Warwick or Shakira, went out spending your money all week or stayed home and saved for a ‘rainy day’, we all have one thing in common – looking after our finances.
Depending on your age there are somethings you should have in place financially. This could be saving to go travelling, your first home, children, private education or retirement but essentially the theme is the same – start as soon as you can!
Our consultants took a nostalgic look back at the 60s, 70s, 80s, 90s and 00s and answered that all important question – what should I have in place now for my age?
The sixties was all about The Beatles changing music, England lifting the World Cup in 1966 and Armstrong taking his first steps on the moon. If you were brought up in the sixities, like our Business Development Director Peter Collier, there a few things you need to consider about your finances before you reach retirement age.
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While the 1970s are remembered for the crazy fashions and wild music, this was a decade of meaningful change when the ‘poor man of Europe’ joined the EU(!) as well as the oil crisis causing a three-day week, but our Team Director Eddy Woore did not read by candlelight. If you are a child from the seventies, then you may need to consider a few things before you reach your sixities.
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If you were born in the late 60s you would have been a teenager in the 80s, just like our Team Director David Gibson - what a time to be alive! So if you are in your 50s what should your financial priorities be right now?
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In the nineties, we saw Britpop dominating the UK music scene and the current England football manager was playing in the England team on the verge of missing a crucial penalty against Germany. However, there are many financial milestones that happen in your 30s and 40s and Wealth Management Consultant Andy Goulter has provided you with some guidance on what you should be doing with your finances.
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For many, our twenties are quite a liberating time. As careers get established, greater seniority leads to higher renumeration and the opportunity to live a lifestyle we might only have lusted over as a cash-strapped student.
Our Wealth Management Consultant Sarah Astley provides her top tips on how to lay a strong financial foundation that your future self will thank you for.
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