hahaha... I like your sentence. In essence, we have to live frugally and set aside money. The best way is to increase our monthly income so that we don't need to be too frugal because income is greater than expenses. However, in practice it is not easy, but it can be done. Youth needs to be utilized because the energy and mind are still strong enough to think about many things
Yes, it can be done. But the plan I am talking about is to accumulate a net worth of between $1M and $5M starting from 0 or very little. This would be for the USA but if you live in a not so rich country, maybe with a net worth of $0.5M or less you have already reached a considerable level of financial peace of mind.
For higher net worths, there is usually a need to create companies, leverage, influence management, things like that, which are not within everyone's reach. But getting rich, with time, working, saving and investing is within the reach of many people today.
As a crypto trader I have started with 50$ and more then I have lost count on how many times I end up blowing my account myself, if it's that easy to turn 50$ into millions many people would have done it over and over.
Thank you for confirming with your experience what many of us know:
No one builds significant wealth from trading with an initial capital of $50 without making additions.