I have had relations over the years do very positive and helpful things for me, everything from advice to material support. In turn, I hope I have given back to them in the same way.

It’s hard to think back and recall one thing that stands out about all others.

Upon reflection, I think that the advice my Father gave to me when I was a young man has been something that has stood me in good stead for well over 60 years. My Father lived by the principle of the advice that he gave. He said to me, “Henry, avoided at all costs. Don’t spend what you don’t have. Have the money you need before you buy what you require.” He explained to me that interest paid on borrowings was dead money and finished up causing goods and services to be a lot more expensive than they might if paid for at the time they were purchased.

That advice has done to me over time. In tern, I have passed this on to my children and now our grandchildren. If they can live by this principle as have I, they will benefit enormously.