These tips are to help you focus on your financial journey. Each tip represents one small step on your pathway to finacial independence.
Dieting and saving are similar
It will not make much difference to your weight if you eat ten pies in one day, but if you eat ten pies
everyday for a year, it most certainly will! Well the same principle applies to saving - if you save 100 pounds this month, it will not make you rich. But save just two pounds per day from age 18 to age 65 and you will accumulate about a million! (Assuming 10%pa growth)
Accumulating a large sum of money is easy - you just need discipline and persistence. The magic of compound interest wil do the rest! Find out all about compound interest and ideas on where to put your savings here...