Article: Life Insurance Without Life Value: Why Young People Are Snubbing Financial Advice
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Life Insurance Without Life Value: Why Young People Are Snubbing Financial Advice
This article is written by a 27 year old female (borderline Generation X / Y) called Rachel. Rachel spent six years at university, has no outstanding debts with the exception of government student loans. Rachel also has no pension plan, no life insurance, savings or property investment. Despite reports of average starting salaries for graduates beginning at £18,000, some even at £25,000, Rachel started on £14,000 three years ago, despite gaining a First Class Honours and offering extensive work experience.
This isn?t therapy through Microsoft Word, but it?s not uncommon to read reports of ?apathetic youth? in the media. For driven young graduates who didn?t quite land where they expected ? it is a little frustrating to be branded ?ignorant?, when it is already difficult work...
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