Millennial Money: What does a student financial advisor do?

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Caleb Tay, a student financial advisor, realised the need to be financially equipped after losing 5-figure sum of money when dabbling in night trading.

Why then do some young adults want to become a student financial advisor?

Driven by the need to stand in the gap, Tay soon found himself in Advisors Alliance Group as a student financial advisor. For National Technological University undergraduate Catherine Seah, joining the finance industry was something she never considered. But all that changed when the 21-year-old joined AAG as an intern during her first year in university.

One tip is to always have a schedule by the hour. Start by writing down the non-negotiables like lectures, tutorials and family time into your calendar, then schedule your other appointments around those timings. “I wanted to do something more with my university life than simply going around school playing or attending lessons. I wanted to grow as a person and be exposed to the outside world”, added Seah.However, Seah admitted that she felt unequipped when she first started out, especially since she is pursuing a degree in Sociology, which is very different from finance.

Echoing a similar tune, fellow student financial advisor Reyna Foo, said: “We must have the desire to seek growth by learning constantly. When we stop growing, we are unable to add value to others and our skills will be irrelevant.”

 

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