I'm 25 this year, just started my full time job. And am trying to plan for my future. Just signed a life plan and shield plan. What should i do next? Retirement plans, savings plan or investments?

Start building your emergency funds

Hey there, firstly, congratulations on starting a new chapter in your life!

​

Firstly, you should also start thinking about your own financial goals, be it short, medium or long-term. And when it comes to savings, we should always start early (as early as one can), save little and save often.

​

When I started my financial and investment journey, I wanted a financial partner that would give me the convenience of a one-in-all platform, offer mutiple functionalities and give me flexibility on how much to invest without too many penalties or charges. As a miilenial and a beginner, I totally resonate with this article - https://hugosave.blog/fintech-boosting-finances...

​

Overall Hugo Save suits my needs as a beginner - there is no minimum balance requirement, penalties or paid fees for maintaining a Hugo Account and you can invest in gold for as low as $0.01 and for as long as you want to. The gold in the Hugo Gold Vault is physical gold allocated to the user and is safe. If you are interested, you may read more about the app here - https://www.hugosave.com/

That's amazing. Congratulations for being such a responsible person.

Rather than looking at what plan next, ask yourself what do your money to do for you in XX years.

It could be that you need some money 5 years later for a wedding.

It could be that you wish to retire at age 40.

It could be that you want to learn investing yourself.

I hope these are some things that could spark off a conversation you can have with yourself or an advisor.

All the best!

1 emergency funds

2 passive indexing ETFs (U.S., global, a bit of China, Switzerland and Scandinavia)

3 a bit of physical gold

everything periodically for price averaging​​​