Your first Job. Starting a new phase in your life is both exciting and daunting at the same time. Getting your first job means you’ll have money, but there is more to it than just cash in your back pocket. You may have big goals and dreams, but how do you get started? Read on and we will explain..
When starting a new job, things you may need to organise / consider include:
- Choosing the right super fund for you
- Providing your tax file number
- Having appropriate insurances in place (e.g. Life Insurance, Income Protection)
- Having a bank account to help you save
- Establishing a budget to meet your goals
- Salary packaging for a car or other work related items
- Contributing to superannuation
At Tailored Lifetime Solutions we can discuss the things that are important to you and provide advice to help you meet your financial goals. We’ll help you:
- Choose the right super fund as well as ensuring your tax file number has been recorded
- Find any lost super and consolidate your super funds to help you save on fees
- Understand your insurance options
- Set up a bank account to help you save
- Plan your budget and manage debts
- Determine if salary packaging is appropriate
- Determine if contributing to super before or after tax is appropriate
You may be looking for the best way to begin, or you may be seeking reassurance that your current financial strategies are the best available and most appropriate for enabling you to achieve your goals. Either way, a meeting with Tailored Lifetime Solutions can help you with your financial journey.