Why Financial Advice Matters for Young Adults
If your income is climbing fast, or you’ve received an inheritance, the decisions you make in the next few years can shape the next thirty. More money brings more choices: how much to invest, how to own it, what to do with super, and how to fit all of that around the life you want now.
Getting advice early gives those decisions time to work. A financial planner helps you set up the right structures before your income peaks, so more of what you earn goes towards the things that matter to you.
Meet Rising Tide Financial
What Can a Financial Adviser Help Young Adults With?
A financial planner can help you with:
- Making the most of a rising income: a cash flow system that grows with your pay, so each pay rise moves you forward instead of disappearing into a bigger lifestyle.
- Managing an inheritance: what to do with a lump sum, from investing it to paying down debt, without feeling rushed.
- Investing with a long time frame: an investment approach that suits your goals, your timeframe and how you feel about risk.
- Getting super working early: a review of your fund, your investment option and your contributions, including whether extra contributions make sense on a higher income.
- Tax-effective structures: how ownership, salary sacrifice and investment structures affect the tax you pay as your income grows.
- Protecting your income: your future earnings are your biggest asset. The right insurance keeps your plan on track if illness or injury stops you working.
How It Works
We focus on the decisions that matter most at this stage of your career, with a plan that changes as your income and life do.
Step 1: Have a chat with our team.
We start with a free intro call to understand your income, any inheritance or lump sum, and what you want your life to look like. It tells us both whether we’re the right fit.
Step 2: Understand your goals and current position.
Next, we look at your income, savings, investments, super and debts, plus what’s coming, such as a pay rise, a partnership or an expected inheritance. We also talk through your goals for the next few years and beyond.
Step 3: Create a plan around your priorities.
We build a plan around your goals. It might cover how to invest a lump sum, a cash flow system for a growing income, your super, your insurance and the ownership structures that suit you.
Step 4: Review your plan as life changes.
Your income and priorities will keep changing, and your plan should too. We check in regularly, review your progress and adjust as you go.
Areas Young Adults Often Need the Most Help With
Keeping lifestyle creep in check
When your pay rises quickly, spending usually rises with it. A clear cash flow system means each pay rise moves you towards your goals and still leaves room to enjoy it.
Deciding what to do with an inheritance
An inheritance often arrives at an emotional time, and there’s rarely a need to rush. A financial planner can help you understand your options, such as investing, paying down debt or adding to super, and make a decision you’re comfortable with.
Investing for the long term
With decades ahead of you, time is on your side. We help you understand how investments work and how much risk suits you, then build a portfolio around your goals.
Planning for a home alongside other goals
Buying a home is still a big goal for many of our clients. A plan shows you how a deposit fits alongside investing, super and everything else.
Enjoying today while planning for the future
A higher income should mean more freedom now, as well as later. A good plan gives you room to say yes to what you value today while staying on track for what’s ahead.
What’s Included in Financial Advice for Young Adults?
Your advice depends on your income, your assets and the level of support you want. Recommendations are built around the decisions in front of you.
What’s typically included:
- Cash flow planning that grows with your income.
- Advice on investing a lump sum or inheritance.
- An investment strategy suited to your timeframe and comfort with risk.
- A super review and contribution strategy.
- Personal insurance to protect your income.
- Ongoing reviews as your income and circumstances change.
What’s generally not included:
- Tax return preparation or lodgement
- Accounting and bookkeeping services
- Self-Managed Super Fund (SMSF) administration
- Legal advice or document preparation
LET'S TALK
Book a free 15 minute intro call with one of our Senior Financial Planners.
or call us on 0401 944 713
Building Habits Early, Not Just Fixing Problems Later
The choices you make while your income is climbing often matter more than any you’ll make later. Good structures, a clear cash flow system and a long-term investment plan give compounding more years to work.
You don’t need to have it all worked out. Whether your pay has just jumped, you’re on track for partnership or you’ve received an inheritance, a financial planner can help you understand your options and build a plan around your goals.
Book a free intro call to see whether we’re the right fit.
Frequently Asked Questions
Please read from our Frequently Asked Questions. If you feel stuck, feel free to schedule a chat.
Do I need a high income to work with you?
Our advice suits people with a high income, a fast-rising one, or a lump sum such as an inheritance. If that’s you, being early in your career doesn’t matter. Book a free intro call and we’ll tell you honestly whether we’re the right fit.
When should a young adult start getting financial advice?
A good time is when your income starts to climb, or when you receive an inheritance or other lump sum. Getting advice before those decisions are made gives you more options than fixing things afterwards.
What’s the difference between getting advice now vs waiting until I have more assets?
If you wait, you’ll have more to manage but less time. Advice while your income is rising helps you set up the right structures, investments and habits early, so compounding has longer to work.
What should I do with an inheritance?
It depends on your goals, your debts and how you feel about the money. Common options include investing, paying down debt, adding to super or keeping some as a buffer. There’s rarely a need to rush, and a financial planner can walk you through the options before you decide.
How does superannuation advice help someone in their 20s or 30s?
Super is one of the most tax-effective places to invest, and on a higher income the difference adds up. Advice can help you choose the right fund and investment option, and work out whether extra contributions make sense for you.
What if my income is high but I don’t feel ahead?
That’s common. A higher income often brings higher spending, more debt and less time to think about money. A financial planner can show you where your money is going and build a plan so your income starts working for you.
Testimonials
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Great team! Sam Jewell was especially helpful in getting my finances sorted. As a business owner & young family, we feel in safe hands.
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