'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

Octopus CEO: 'Advisers are the GPs of money – but AI will do the heavy lifting'

Octopus CEO: 'Advisers are the GPs of money – but AI will do the heavy lifting'

Simon Rogerson urges financial planning profession to embrace tech or risk irrelevance

Sahar Nazir
clock 15 May 2025 • 2 min read
Timeline launches first multi-asset fund in bid to simplify investing for advisers

Timeline launches first multi-asset fund in bid to simplify investing for advisers

Firm eyes FCA approval to roll out low-cost, evidence-based fund aligned with adviser demand

Sahar Nazir
clock 15 May 2025 • 2 min read
Pete Matthew: 'Arrogant' advisers need to 'get over themselves' to scale growth

Pete Matthew: 'Arrogant' advisers need to 'get over themselves' to scale growth

Advice business owner and planner expresses frustration at industry

Sahar Nazir
clock 15 May 2025 • 1 min read