Lorraine Cooke

How are you?

So we're focusing on the 30s today.

30s, though, can be a very expensive time if you're starting a family, if you're trying to get on the property ladder, if you're paying some of the very high rents that we've been hearing about today.

So it can be a squeezed time.

Would you agree?

And financial well-being then, a term like that, is that making sure that you have that breakdown right and that you know exactly where you are?

And I think you would accept that for some people it's very hard to have those funds in place now, in particular with the cost of living increases that we have seen.

But is the advice to, if you can only put away a tenner a week, put the tenner a week away?

Risk that you're comfortable with, I suppose.

If you're in your 30s and you're looking at this, you're still young enough that you can really do a great job at what your retirement is going to look like, for example.

What about insurance then when you're in your 30s?

What do we need to be looking at?

And what do you say to people who have all of this worked out and it all looks lovely and they're 50-20-20, is that what you said, 50-20-30?

And there is a series of interest rate increases, which means their mortgage is costing them a lot more.

Where does that money come from in that case?

It's great.

I suppose it would be a great thing to do to get organised in your 30s because it would mean it would be pretty much plain sailing if you had all of those nest eggs in place at that stage of your life.

Lorraine, thank you very much.

That's Lorraine Cook there, Wealth Management Advisor with Jigsaw Finance.