Everyone who wants to create a fortune has a long way to go, first we need to learn how to earn, save and then learn how to make money work for us. Someone creates a business for this, someone is looking for investments, but the essence remains the same, we earn, save and increase our capital.
I'm wondering how long we'll need to do the savings? Who has already reached any significant level, are you still saving, or you can afford to live without any financial restrictions?
I have just started taking steps towards achieving my well-being and it is still very difficult for me to understand how I can achieve my goal and become a wealthy person. The thought that I will have to save for a long time now seems difficult, will it not tire me, will I be able to go this way. I already have some bitcoin and I like the feeling that I own something of value. When I manage to save some money, I buy again, but this is not permanent because I do not have a permanent job. Sometimes I want to buy new sneakers, and I decide to buy or postpone, sometimes I doubt if I'm doing the right thing, maybe I should provide myself with everything I need and save only what remains, if left.
Probably now I am thinking that I would not like to save all the time, I would like to reach the level at which I would be a wealthy person and I would not have to worry about money, but I have no idea when I can achieve this.
The headline of the thread is a bit of a weird thought. The majority of those who might be considered wealthy have worked their way up and earned it, at least you would hope, so they've learned the true value of money along that journey. They will definitely have a small pot of savings, readily accessible and "liquid" cash, available to them - or at the very least they know they'll be able to sell off some assets quickly, whether that be gold or stocks. The vast majority of wealthy will have their money invested in the most reliable generating asset around, the stock market, which for centuries has been putting money to work inside companies and paying out the owners (shareholders) when the profits roll in.