Yes, you heard me saying that often to my clients : Save now and reap the reward later ”
If you save just 5 pounds a day, 150 pounds per month a month or 1800 pounds a year, for 40 years at a compounded interest rate of just 10%. You would have yourself a whopping one million pounds ! So, true.
No matter, what happens you should never take your 5 pounds per day savings until you satisfied and that could be 10 years, 20 years , 30 years or 40 years. It really works. This is not a rocket science : Simple Fact.
OKies, if 5 pound is too much , start with lower figure maybe a pound and gradually increase it one yearly basis :