how to increase your wealth over time

Start asap – ideally start young
Have a middle-class income or better
Do anything to improve that income. Even small things like negotiating a 5%-10% pay rise
Watch your spending habits.
Don’t allow lifestyle inflation to get out of control. Most people think `what else can I buy` after getting a pay rise, rather than `what can my money earn me`. Focus on future income, future earnings, not consumption
Invest in low-cost index funds
Never care about short-term market movements
Just always invest for the long-term
Be 90% in markets when young, and 10% in bonds. Or even 100% in markets. Increase bond allocation as you age
Focus on reading, and anything that can give you a business advantage


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