Many people who come to see me struggle with the basics of money management. We are taught in school some complex mathematics, algebra, periodic table and foreign languages – all are of benefit, but none are as beneficial as the day to day management of your money.
Let’s face it, you’ll work for about 50% of your life and spend what you save during this period on the last 25% of your life. Earning an average wage from 18 to state retirement age you’ll have over £1 Million passing through your bank account during your lifetime, so you could say using that definition, you’re a Millionaire! That’s a massive amount of money and schools don’t teach you how to manage that!
Whether you earn £10,000 or £1 million a year the principals are the same with a few extra zeros.
For at least the last 15 years, I have been sharing the Bank Account System with my clients to set their finances up atomically for success.