PWL Capital September 26, 2014 Personal Wealth Starting Out Straight to the Point: Personal Finance Guide for Young Professionals Having recently graduated from university with a finance degree and entering the financial industry, I have learned a lot in the last two years. As an investment advisor, I’ve met many young people that get confused and overwhelmed when it comes to figuring out their finances. I don’t blame them. Unfortunately, most people my age don’t get much (if any) education on personal finances or investing, unless they chose to research it themselves or pursue a career related to finance. From advice on spending and savings, to navigating employer pensions, to saving for a car or house down payment, I hope to address the specific needs of young professionals and make their experience a bit easier. Fortunately, I learned frugal spending habits early on from my parents (I still get weird looks from friends when they see that I wash and re-use Ziploc bags). However, I didn’t really learn about what to do with any savings, other than buying GIC’s, until I took finance in university, and continued on with my CFA studies after graduation. This personal finance guide for young professionals will result from both my personal experiences and from things I learn through continuing education and working as an investment advisor at PWL. Some of the high level topics I plan on addressing are: Reasons to Save Paying off debt Saving for your First Home Setting up Investments The importance of Asset Allocation Tax Efficient Investing Maintaining your Investments Navigating Employer Pension Plans Suggestions and questions are welcomed and I will do my best to keep posts relevant to your needs. Share: Facebook Twitter LinkedIn Email