How to Be Wealthy

No matter how much you earn, to be really rich is to spend less than you earn each month. This is basic financial principal. As long as you can save some money, say 10% of your income every month, you will become rich when you retire eventually. Many financial experts keep writing in their books to tell us to spend way less than we earn. Otherwise, you are just a transit for money transactions. You need to attract money and not repel it. By using compounding interests, you will become rich in a matter of years as you faithfully keep at saving money monthly. There is no other way for most of us who have to slought it out daily, year in year out.