Get rich slowly

I believe the real secret to getting rich is not a secret, just a concept so unglamorous that people ignore it: Spend less. Save more. Invest your savings. Wait.

Einstein is credited with saying “The most powerful force in the universe is compound interest.” If you save regularly, compound interest works in your favor over the years and you slowly grow rich. Of course there are refinements such as investment strategy and asset allocation that will affect the rate of growth, but only if you are saving to begin with.