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 leaving young people thinking less about frivolous spending.
To hear more of what Cross has to say, please click the play button on the embed link below.
You can listen to the podcast - and all our other episodes - through iTunes and Spotify by searching The Pro Adviser Podcast or Professional Adviser in their respective podcast libraries.
Guided company with 'outstanding stewardship'
Former IFP president
Big life events main triggers for advice
Mon 7 and Tue 8 September
It's The Pro Adviser Podcast