financial planning

A 20-something’s thoughts on trauma insurance

As the regular readers of my blog will know, I’m about to turn 27 soon which means that I have been mentally preparing to turn 30 for the last 6 months. Part of this mental preparation involves ensuring that I get my financial house in order. My early twenties were about getting rid of consumer debt, developing basic financial habits such as budgeting and salary sacrificing into my superannuation to make the most of compound interest. My partner and I also bought an apartment last year and since then I have been trying to build up 3 months worth of savings again. I haven’t quite yet gotten on the investing bandwagon outside of superannuation, but I can’t get trauma insurance out of my mind. I know, it’s a weird thing for someone in their twenties to say. I also would like to start this blog by stating that I do not work for an insurer and this is not a sponsored post, I’m just a twenty-something who happens to be passionate about trauma insurance (this is concerning even to me).  (more…)

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