Across the globe, countless individuals are
literally living paycheck to paycheck, struggling to make sense of their
financial options, and seeking escapism through daydreaming of luxury vacations
to the tropics. For millions of people, the concept of proactively saving
money, and building meaningful wealth often feels like a distant secret
reserved for the already-wealthy upper classes. However, this misconception is
vastly incorrect, and has the propensity to discourage the everyday person from
developing, implementing, and maximizing a fruitful savings plan. Armed with
the correct information, and a desire to garner knowledge related to proactive
measures of building wealth, individuals can masterfully dictate the success of
their financial investments, wealth generation, and overall future security.
As
a financially savvy University student, Samuel Leach recognized the
transformative power of independently setting the course for his own financial
successes. After carefully constructing a plan for building wealth with limited
initial liquidity, Leach adhered to strict lifestyle guidelines and spending
limitations, and devoted his time to enhancing his knowledge of stock market
trading. Simultaneously, he began to make aggressive moves within initial stock
market investments, and reinvested each round of earnings, further propelling
the growth of wealth. After founding his trading company, Samuel & Co.
Trading, at the age of 21, Samuel Leach found himself entering the proverbial
Millionaires’ Club merely seven years later. Often vocal about his own ongoing
financial successes, and well-versed beliefs about maximizing wealth potential,
Leach’s insights can provide fruitful direction for fledgling savers.
It All Adds Up
While
the impact of big purchases may immediately be clearly evident, careless
spending on novelty items, convenience services, or other unneeded items can amount
to significant losses of hard-earned savings. For tech-savvy Millennials, these
impulse purchases are usually sourced via smartphone, and require mere clicks
to complete. Without a tangible exchange of cash, or even the garnering of a
physical product, rationalizing these purchases as tangible losses of funds can
be difficult. Additionally, as many of these services charge debit and credit
cards throughout the month, it can be difficult to track the exact amount of
money being utilized for unnecessary impulse purchases that appear relatively
innocent, but can add up to a sizeable spending.
For
Leach, recognizing the impact of these mindless bouts of unnecessary spending
can be accomplished through an increase in self-awareness. By extensively tracking
all impulse purchases for the duration of one month, detailing and adding those
purchases, and charting these purchases as a percentage of overall monthly
spending, impulsive spenders can successfully gain a concise understanding of
the impact of these purchases, and work to proactively change the habits that
encourage this type of spending. By cutting down on service apps and mobile
delivery apps, and developing a strict budget for this type of monthly expense,
individuals on a tight budget can minimize the proverbial bleeding via impulse
purchases.
Saving For The Future
As
many individuals remain solely concerned with their present financial status,
they lose sight of the importance of setting proactive plans in motion during
the present day that will inherently help in the intermediate and long-term
future, or in the event of a life-changing occurrence. Without any sort of
proverbial safety net, emergency or unplanned events have the propensity for
knocking individuals off course in terms of any successful proactive
development of wealth. Yet, for many individuals, proactively saving money in a
high-yield savings account is not a priority. Attesting this practice as being
vastly beneficial to his overall financial status and long-term security, Leach
saves
or invests 70% of his monthly income, while spending the remaining 30% on
life’s essentials, and occasional luxuries.
Getting Off Of The Debt
Rollercoaster
Entering
the workforce with an unprecedented amount of student loan debt, fledgling
professionals are often compounding this debt with additionally acquired credit
card debt. Through this double-down of debt that may be unreasonable to pay
back, many individuals are putting themselves in positions of unnecessary
struggle due to poor spending habits, and continued desire to live outside of
their immediate financial means.
For
Leach, the importance of swiftly paying off student loan debt propelled his
decision to live rent-free in his childhood home post-matriculation, which
allowed the young professional an opportunity to relieve the burden of this
debt swiftly. Not only does this method minimize the total outstanding debt
prior to living independently, it also avoids the dreaded buildup of exorbitant
interest associated with such long-term loans. In the case of credit card debt,
Leach advises individuals to strictly adhere to a predetermined budget that is
based solely on monthly income, and not padded by the seeming availability of
funds via credit card allowances.
Take The Reigns Through Education
Recognizing
the direct and swift impact of money on lifestyle, a young Leach welcomed the
independent responsibility for setting
the course to financial success. After deciding to become a trader, Leach
delved into proactively learning everything he could about the industry, and
created simulated trades based on real stock market activity, tracking his
progress and prowess until he felt comfortable with the prospect of investing
real money into his venture. Before long, the University student was garnering
trading successes, with fellow classmates paying Leach to teach them what he
knew about the markets. Witnessing the power of education firsthand through his
own experiences, Leach began to share his knowledge with peers, instilling
confidence in fledgling traders.
Through
his widely successful company, Samuel & Co. Trading, Leach continues to
bestow the importance of education, and fostering of confidence in proactively
pursuing wealth generation, upon countless clients on a global scale.
Encouraging clients to develop strict systems, diversify their portfolio,
detach emotional components from trading, and garner understanding of relative
risks, Samuel & Co. Trading’s staff remains committed to empowering people
via education, a feat Leach often cites as the most important factor for success.
About Samuel Leach
As
the Founder and CEO of Samuel & Co. Trading, Samuel Leach leverages his
pertinent trading experience, transparency of operations, successful wealth
generation trajectory, and knowledge of stock market trading to provide bespoke
training, empowerment, and assistance to fledgling traders. Through a
commitment to education, growth, and ongoing development, Leach’s company has
assisted thousands of individuals across 63 countries in the quest for wealth
development via successful stock market trading.
During
his teenage years, Leach’s parents divorced, leaving Leach sharing a room with
his father, and brother. Swiftly recognizing the direct impact of financial
security on lifestyle, this experience motivated Leach to become financially
independent, and solely responsible for his future successes. With a growing
interest in the stock market, young Leach began to draft faux trades on paper,
tracking his would-be successes, whilst learning as much as possible about the
markets, and remaining aggressively abreast of global news that would impact
various stocks.
While
working toward garnering his degree in Marketing and Advertising at the
University of Hertfordshire, Leach used his modest bursary officially fund his
fledgling trading operations. With immediate initial financial successes, Leach
continued to develop his own trading portfolio while simultaneously attending
classes, and began to assist eager peers with their own growing desires to
enter the stock market trade. As his growing trading career began to take off,
Leach established Samuel & Co. Trading whilst still attending University in
2012, and set forth on the strictly budgeted path of personal wealth
generation, as well as the realm of assisting eager novice traders with their
visions for success.
Shortly
before graduating from University, Leach landed a transformative trade deal
that spearheaded his status swiftly. Constantly aware of advancements in tech,
Leach recognized the earning potential in an Apple TV competitor, an Android
based company that was investing profoundly in an exhaustive amount of
equipment. Through research, he found that the company’s successful execution
of the large order was contingent upon passing safety checks. By utilizing
comparative analyses of similar product safety checks, Leach determined the
risks versus rewards of his involvement, and invested £10,000 into the
company’s stock. Merely three days later, the initial investment was worth
£110,000, after the company passed safety checks, as anticipated by Leach.
Merely
three years after inception, in 2015, Samuel & Co Trading
employed over 60 talented individuals, with Leach at the helm of the company
that he single-handedly developed. Through continued growth, investment in
education and empowerment, and continuous development of infrastructure to
successfully manage growth, Leach’s company has been revered as a life-changing
resource for fledgling traders, and individuals looking to successfully enter
the field of stock market trading.
For
Leach, implementing a strategic personal budgeting plan, along with continued
diversification of his investment portfolio, has led to significant wealth
development, and the ability to drive his own successes. Actively trading in
the UK equities and foreign exchange markets, Leach became
a millionaire at the age of 28, and continues to showcase his trading
prowess through his involvement in those markets, trading three to four days
per week. Actively involved in the continued growth of Samuel & Co.
Trading, Leach dedicates his time to educating clients about ways to harness
their interest in trading into a fruitful career path.
