The formula for becoming wealthy is no longer a secret, it is there for all to grab, especially those that have the eagerness and a burning desire to acquire wealth.
All you need is time.
For instance, if you have money that you don't have immediate need for, instead of putting the money away or putting it into your bank account thereby enriching other people, you can simply invest the money and with time you will become wealthy.
According to an old adage that says "no time is late", but i will say that the earlier one start planning for the future, the better.
Take for instance, if someone in his early 20's realizes the benefits of savings and investments at this age, there is no way you can compare him with another person who is in his 40's who just decided to start investing.
Wealth creation and acquisition requires skill and knowledge.
At this jet age muscle power has become obsolete rather brain power determines how far one can go in wealth creation.
The era where might is power has gone into the history books and will definitely remain there.
The problem with many people that are employed or people that depend on paid employment is that they don't take advantage of the most active part of their lives.
At this period of their lives they engage in trivialities which they term to be enjoyment and forget to build their financial future.
As soon as one starts earning money, the person should start thinking of saving and investing to become self employed rather than remaining under the bondage of his employees.
Although there may be immediate problems that tend to take ones mind away from thinking and saving to become wealthy in future.
You may be faced with buying yourself a home or to start a family or buying cars and what have you, let me remind you that those things are not assets rather liabilities, always think of acquiring assets, those things that put money into your pocket should be of interest to you.
Focus only on those things that generate income.
You may be saying that you don't earn enough or that your income is insufficient to meet your needs not to talk of saving some, but i put it to you that if you don't learn to put aside a little from your earnings, even though you are paid what you thing is enough for you, you may end up not saving anything since it is not in your habit to do so.
The little you save and invest wisely over the years can make a big difference in your finances.
Though it may be seen as very difficult to inculcate the habit of saving to become wealthy, all you need is the will power, start now and put aside every 10% of your earnings and invest them today for tomorrows financial security, it may not be easy but it could be the best decision you will ever make to become wealthy.