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Life Insurance Without Life Value: Why Young People Are Snubbing Financial Advice so few people empowering us with confidence, we may well rebel for years to come - chopping and changing until we find something that fits or until we get tired. It's too easy to brand young people as apathetic just because they haven't got pensions or life insurance. Smug thirty-somethings who received full grants, graduated in a less competitive market and bought property when the house market was low are quite happy to "tut tut" at their twenty-something shadows in their lack of financially savvy experience, but today's twenty somethings are being squeezed from all angles: * Student loans replace university grants * Commercialisation of university life, with banks and credit card companies actively courting student customers * High property prices * Very competitive job market What we need are comprehensive financial research sites that provide information which directly relates to our circumstances. Websites such as moneynet ( http://www.moneynet.co.uk ) with their product price comparisons and finance guides (especially the student finance guide) -do go most of the way, but we want something that also takes into account our aspirations, situations and will go the distance. We're not adverse to pensions, life insurance and mortgages, but if we're going to splash out lots of dough, it has to be a reasonably reliable investment and we remain unconvinced from we've seen so far in provocative, panic-stirring media. It's true that products such as life insurance would at least protect our families from our debts and that's important, but with « Previous Page « » Discuss it (all 4) » Continue Reading »
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