Frances Cook

I want to finish this other point first.

Treating your now money

like savings, as later money, like shares, that is just the greed devil on your shoulder.

And the greed devil can sabotage things for you just as badly as the fear devil.

So you need them under control.

That's why I'm giving you these timelines because they create a sliding scale that balances the need for money on hand compared with how much you could be earning on it.

You can't keep everything super safe cash and earning nothing.

That means you'll probably never,

Be financially independent.

Your money has to be working for you.

But you also don't want to have everything in the share market and survive on a wing and a prayer, hoping that nothing goes wrong.

Something will always go wrong.

That's life.

It's a necessary sacrifice.

The savings are a smaller amount of money that you keep close to hand so you can protect yourself and your loved ones.

from bizarre twists of fate.

You do not want it exposed to the market through shares.

And you have to take care of the now first.

Only once you've got that now money sorted are you ready for the later money.

Later money is where you make serious cash by sending your money to work so you can have your life back.