#myfinancialadvice cent sense

18th Apr, 2016 | Local News

In this article:
My dad taught me a simple but valuable piece of advice: "a dollar saved is a dollar earned".

Justin Bailey

My father shared with me one of the most memorable pieces of financial advice I’ve received. He was getting a bit old and cranky at the time and he was at home drinking a glass of his red wine.

He told me: ‘a dollar saved is a dollar earned’.

It was funny but true and shows that you can grow savings as a result of not spending so much instead of trying to earn more.

Well, today I am the branch principal and wealth manager with Yellow Brick Road Wollongong based in the lovely Illawarra region and I still haven’t forgotten that advice.

It’s a principle I’ve found to be important for everyone including myself to follow and I share it with many of my clients.

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