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Life's Stages: Accumulators

Life stages below age 30

This is a time where financial planning is most likely a distant thought. In the early years of adulthood, money may be short with student loans to pay off, it may feel like money is stretched and saving for your future is unlikely to be a priority.

However, these early years can be crucial to your future planning. It's never too early to start saving, if you get into the habit of saving now, you will find it easier to reach your financial goals than those who delay saving.

You may be experiencing financial firsts such as buying your first car, starting your first job and moving into your own home or be looking at settling down and starting a family. Whatever your goals are; this may be the first time you've started seriously thinking about your future.

The most common areas of advice for Accumulators are:

  • Paying off debt
  • Saving for a deposit
  • Purchasing your first home
  • Protecting your family
  • Replacing income in the event of losing your job, or being unable to work
  • Planning for your children's education
  • Saving for your future

Saving habits will stay with you, and may dictate whether you spend a lifetime of saving, or simply repaying debts.


Contact us

Our Office:
Pacific House,
Parkhouse,
Carlisle
CA3 0LJ

Telephone: 01228 472 352
Email: david@davidmalin-ifa.co.uk

Regulatory Statement

David Malin Financial Advice Ltd is an Appointed Representative of ValidPath Limited which is authorised and regulated by the Financial Conduct Authority under FRN 197107.

David Malin Financial Advice Ltd is authorised and regulated by the Financial Conduct Authority under FRN 1015617.

We are registered in England and Wales. Registration number 15752867. Our registered address is 6 Bleaberry Way, Carlisle, United Kingdom, CA2 6RF.

This website is for information purposes only and does not constitute financial advice, which should be based upon your individual circumstances.

The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.