Creating wealth, one day at a time! 

**Financial Independence: Your Reward for Success!**​

 

Having sufficient money is a common indicator of success. Personal financial independence provides flexibility and allows you to support those in need. Developing a habit of saving regularly is crucial for long-term success. It's also important to teach children about saving early to prepare them for their own financial self-sufficiency.​

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**Save Long-Term and Discover Compound Interest!**

 

Automating your savings can help you accumulate funds with minimal effort. The longer you save, the more you benefit from compound interest. For instance, a 30-year-old who saves £1,000 monthly for 30 years at an annual return of 5% will accumulate £797,266 by retirement at age 60. In contrast, a 45-year-old who saves the same amount for only 15 years will end up with just £258,942. This comparison highlights the significance of long-term saving. Committing to long-term savings demonstrates your dedication to building wealth for the future.

 

**From my book, "It Does Matter":**  

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Question:** How much should you aim to save by the time you are 60?  

Answer:** Aim for £1 million in liquid investments and plus additional £1 million in fixed assets (net and debt-free, in any currency).

Achieving this target will grant you financial independence when you need it the most!