X
  • About
  • Advertise
  • Contact
Get the latest news! Subscribe to the ifa bulletin
  • News
  • Opinion
  • Podcast
  • Risk
  • Events
  • Video
  • Promoted Content
  • Webcasts
No Results
View All Results
  • News
  • Opinion
  • Podcast
  • Risk
  • Events
  • Video
  • Promoted Content
  • Webcasts
No Results
View All Results
No Results
View All Results
Home News

FAAA helping guide young Australians to financial freedom

The FAAA has set its sights on Australia’s youth, launching a guide to help them build a solid foundation for their financial future.

by Shy-ann Arkinstall
March 18, 2025
in News
Reading Time: 2 mins read
Share on FacebookShare on Twitter

In conjunction with Global Money Week 2025, the Financial Advice Association Australia (FAAA) has launched A guide to starting your first job, with the aim of giving young Australians the necessary tools and knowledge to successfully enter the workplace.

The guide covers topics such as successfully securing employment, preparing a resume, the interview process, what to expect on your first day, getting paid and how to read a payslip.

X

FAAA general manager education Anne Palmer said the guide is designed to help young Australians start off on the right foot by arming them with useful information that will help them navigate the “world of work and effectively manage their finances”.

“The guide offers advice on how to find a job and manage your time, and it highlights the importance of creating a strong resume, even when a young person does not have formal work experience, by including personal qualities, volunteer work, responsibilities, interests, skills and other achievements,” Palmer said.

The guide also offers advice on what to expect once they have secured a job, addressing common questions such as the difference between casual and part-time work, what a short-term job is and whether they will still get paid if they are sick or on holidays.

It also covers more difficult situations, including what to do if they witness poor workplace behaviour and even how to resign from a job.

In addition to this, Palmer said the guide offers tips on how to manage their finances and develop a money-saving philosophy early in life.

“We offer practical advice, such as how to set up a tax file number (TFN) and, if eligible, a superannuation fund. The resource provides a checklist of things to know and have ready for the first day of work,” she said.

“Importantly, it gives young people advice on how to maximise their earnings, set up a savings account and how to save effectively to allow them to build up their wealth over time.

“We recommend young people entering the workforce open up a savings account that they don’t take money out of and put 20 per cent of whatever money they make straight into that account on pay day – it will build up over time and they won’t even realise it.”

Related Posts

Image: FAAA

FAAA wants auditors in the spotlight over Shield, First Guardian failures

by Keith Ford
December 12, 2025
1

Speaking on a Financial Advice Association Australia (FAAA) webinar on Thursday, chief executive Sarah Abood said she was pleased to...

Expect a 2026 surge in self-licencing: MDS

by Alex Driscoll
December 12, 2025
0

The dominant story of 2025 in the advice world has undoubtably been ASIC’s suing of InterPrac due to the failure...

image: feng/stock.adobe.com

Adviser movement surges as year-end licensee switching accelerates

by Shy Ann Arkinstall
December 12, 2025
0

According to Padua Wealth Data’s latest weekly analysis, there was a net gain of five advisers in the week ending...

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

VIEW ALL
Promoted Content

Seasonal changes seem more volatile

We move through economic cycles much like we do the seasons. Like preparing for changes in temperature by carrying an...

by VanEck
December 10, 2025
Promoted Content

Mortgage-backed securities offering the home advantage

Domestic credit spreads have tightened markedly since US Liberation Day on 2 April, buoyed by US trade deal announcements between...

by VanEck
December 3, 2025
Promoted Content

Private Credit in Transition: Governance, Growth, and the Road Ahead

Private credit is reshaping commercial real estate finance. Success now depends on collaboration, discipline, and strong governance across the market.

by Zagga
October 29, 2025
Promoted Content

Boring can be brilliant: why steady investing builds lasting wealth

Excitement sells stories, not stability. For long-term wealth, consistency and compounding matter most — proving that sometimes boring is the...

by Zagga
September 30, 2025

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

Poll

This poll has closed

Do you have clients that would be impacted by the proposed Division 296 $3 million super tax?
Vote
www.ifa.com.au is a digital platform that offers daily online news, analysis, reports, and business strategy content that is specifically designed to address the issues and industry developments that are most relevant to the evolving financial planning industry in Australia. The platform is dedicated to serving advisers and is created with their needs and interests as the primary focus.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About IFA

  • About
  • Advertise
  • Contact
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Risk
  • Opinion
  • Podcast
  • Promoted Content
  • Video
  • Profiles
  • Events

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
  • News
  • Opinion
  • Podcast
  • Risk
  • Events
  • Video
  • Promoted Content
  • Webcasts
  • About
  • Advertise
  • Contact Us

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited