With the price of almost everything rising fast, there are things that younger people can do to make their money stretch further and secure a better long-term future.
where super fund returns can be compared. It can also be beneficial to consolidate funds, if you have more than one, as you would save on paying two sets of fees, Manwaring says.
BNPL business models differ, but they all allow purchases to be made immediately, with the money repaid to the provider, in most cases, in four equal instalments. Buying cryptocurrency is not a way to get rich overnight, as the risks are too great, says Travis Schindler, partner and adviser at Hewison Private Wealth.
“If someone is really keen [on crypto], they could dip their toes into the market with a small amount of money that they are prepared to lose,” he says.Interest rates have been low for more than a decade, and young people have never experienced a period when rates are rising.
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