'Young people need to find emotional attachment to money'

It's The Pro Adviser Podcast

Hannah Godfrey
clock • 1 min read

In this week’s episode of The Pro Adviser Podcast, in association with Architas, Hannah Godfrey talks to 26 year-old St James’s Place (SJP) adviser Matt Cross about young people and money.

This week Cross, who works at SJP partner practice Oakway Wealth Management, discusses how young people will be immediately affected by the recession, as well as how they should go about future-proofing their finances.  The SJP adviser also talks about whether now is a good time for young people to get on the property ladder, having just bought a place himself, and how to set up good savings habits for the long term.  Cross also believes young people need to build an emotional attachment to money, as the digitalisation of payments takes away from physically handing over cash, possibly...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

The banks are back: What does this mean for advisers?

The banks are back: What does this mean for advisers?

Banks ‘uniquely positioned’ to provide advice to mass market

Sophia Panayi
clock 24 August 2026 • 6 min read
Social media investment advice leaves investors out of pocket - research

Social media investment advice leaves investors out of pocket - research

Over half who acted on social media financial advice regretted it

Isabel Baxter
clock 21 August 2026 • 3 min read
New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

New sexual harassment duty: Can adviser firms show they've taken 'all reasonable steps'?

'Employers will be expected to take all reasonable steps'

Emily Bradshaw
clock 19 August 2026 • 4 min read