This Millennial is ahead of the Pack
Tim Klingner is benefiting fom starting his investing journey young.
We all hear the stories of people ending up in a financial mess and wished they had paid attention to their finances when younger. If I had started saving at a young age then when I retired I would be a millionaire. I would not have this worry of whether I would have enough money to last me thirty years in
retirement if only I had paid more attention to my saving and spending habits. I can’t believe how much Mum’s deteriorating bad health is costing her in old age. Will I be able to afford to pay for nursing home care?
Financial literacy is something that is not commonly taught in the school system. Learning how to manage our money had in the past been left up to individuals. But financial strife is a big problem in our society and the earlier that we can have an understanding on how to manage our money and put something away for the future the better off we will all be. Just imagine knowing that your financial future was taken care of and you can look forward to your retirement. The things you do today will have a bearing on your future.
What does financial literacy do for us? Well it gives you the confidence to know that you have plans in action that is going to future proof your retirement. It will give you choices for your future. Do you have any goals that you want to achieve? Do you want that big house, do you want to live at the beach, do you want to be able to afford to have a few nice holidays, do you want to be able to pay for your children’s college education or perhaps you just want to retire early? Having confidence in your financial plan can mean a stress free life.
Today’s podcast guest on Retire Well Retire Happy, Tim Klingner, started playing the ASX (Australian Stock Exchange) share trading game while still at high school. It gave him the confidence and knowledge to start his investing journey at an early age. Now at the age of 30 Tim is considered an experienced share trader, he has perfected his investing strategy and it has led to a new career in financial planning with Axis Investment Centre in Townsville. Tim is well on his way to securing his and his family’s financial future and by doing so has given himself options for his future.
Have a listen to this episode and learn Tim’s investing strategy and tips.
Until next time.