Since the Brexit vote growth in living standards have slowed dramatically, yet some families still see the fastest income growth this century.

Copy them and you too can have a much faster income growth, just a few actions can make a tremendous difference, between an average income and a much better one.

This Brexit Tool Kit reveals to you those few actions that make the difference.

Just Do It!

Lifelong learning

 My dad used to tell me there are no shortcuts to success, it takes effort. But you can be smart about it by not wasting time on things that don’t work. The best way to do that is by doing what other successful people have done already. Dad’s advice was spot on! They have made all of the mistakes for you, so you can avoid repeating them.

Some families in the UK see the fastest income growth. Their living standards since Year 200 have been rising by as much as 38% every two years* Many have developed the habit of saving over 25% of even the smallest income. They all give value to education and training for future income growth.

Here is what those families do to become wealthy. Copy them and your family can experience a much higher standard of living too.

Poor people from poor countries are a lot more entrepreneurial than rich people from rich countries. They have to be entrepreneurial just to survive back home. An entrepreneur is simply “someone who gets things done”.

1. They buy what they need and delay buying what they want
2. They have a dream, plan the action, action the plan and achieve the dream.
3. They know the way out of poverty is education – not money
4. They work and study long hours, often having two or more jobs.
5. They encourage their very young to Save and Study, giving their very young:
   1. Skills and qualifications for future employment and earnings
   2. They are persistent. They do not give up their clear vision of the future.

They have a dream. Plan the action. Action the plan. Achieve the dream.

Make money Doing Something You Enjoy

Enjoying your work leads to greater wealth, try this work/enjoyment tool;

• Write down 10 things you enjoy
• Write down 10 ways you can earn money
• Write down 10 reasons you will succeed

After writing the three lists, think of ways you can combine lists a, b and c to take action. Remember nothing will happen unless you take action.

Work will no longer seem like work, more like fun and your earnings will improve.

At work always do a “little extra” and be flexible. As an employee, try to see your-self as self-employed. It is in your best interest to find better ways to help your employer. How better than by doing something that you enjoy.

How to live on less

1. Learn to tell the difference between your needs and your wants. Only buy what you need! Have fun doing this. Teach your children the same. Make them enthusiastic about saving money and education for their future wealth. Do you really need the latest iPhone or 250 more TV channels? Before you sign up, multiple the future by 12 and add the interest. That £10 a month can cost you up to £150 every year.
2. Save at the beginning of the month paying you first. Use a standing order at the bank and save between 15-25% from your monthly income before you see it. This is vitally important for your future income growth.
3. The average British household saves only 4% of their income. The average minority household saves around 20% of their income and some much more. A single parent I knew earns £800 a month and saves £400 a month. Her dream is to take two children on holiday. She has a picture of it on her wall! First she budgets her savings, then rest and living expenses.
4. Regularly change your bank or building society, to the one offering the highest interest rate. 
5. Save safely following research. Many decide to use a savings splatform linked to the stock market or an Independent Financial Advisor and take a low risk. They get upwards of ten times more interest than from a building society or bank. Then, through the magic of compound interest, their money can grow much faster. Many save in their tax free ISA.
6. Negotiate when you buy. Research the best value for money. Perhaps subscribe to Which? Magazine to compare products. Use price comparison sites for information then negotiate directly with the provider. Everything is negotiable! So negotiate everything and you can save money.
7. Make your money work as hard for you as worked to get it in the first place. This is important because inflation halves the value of your money every 18 years. Over the past 80 years, the average inflation rate has been 4.1%.
8. Use your saved money to finance your dream. Also, educate yourself and family for higher future wages. Perhaps invest in your health. Alternatively save for a deposit on property or other business investment. It is your dream. Put a picture of your dream on the wall where you can see it often.
9. You will live a lot longer than you think! Baby boomers (1945+) have a life expectancy of 85 years and with advancement in medical science, Brexit Babies (2017+) now have a life expectancy of 105 years. One tirement rule is to halve your age, and use that figure as the percent of income you should now be saving just for retirement. Which? (2017 May Issue) gave excellent comparisons on retirement saving.
10. Good health and peace of mind are more important than money. Nevertheless, attracting enough money can contribute much to your health and peace of mind. Enjoying the daily journey towards your dream can also give happiness and joy. Believe in yourself, apply these ideas, and you will succeed.

Just stay focused on the goal – and enjoy the journey.