Quote from: TheUltraElite on Today at 07:19:08 AM

End of the day, your money at hand is what is going to pay for your bills and groceries to eat. Those are short term goals.

Long term goals would be investments made over years of earnings. A job will help in this phase, starting from what you may have inherited or previous jobs.

Creating wealth is a term that could have many meaning, savings being one part of it. But investments that lead to recurring returns like interests could be another.

topics like this keep popping up

so the advice
starting from nothing
getting a job that allows you some excess cash after bills is a start
initially save up in a cash account(that offers some interest returns) an emergency fund - savings=emergency fund
this is going to be enough to get you by for a month or two if bad things happen without stress or anxiety

then its time to accumulate wealth via investments that 'grow' in value
this is harder to advise as regions of planet have different situations. EG cost to rent vs mortgage. or a regions stock exchange is at its premium compared to other stock exchanges that are at their cheapest.

but general advice, buy low:sell high.. repeat

the reason to have the savings first is so that your not tempted to badly sell off investments when not profitable due to surprise real-life events. instead the savings will buffer you to give you time to make adjustments to life or make smart decisions about investments without time pressures

also dont be a spend-aholic, instead be frugal at the start. buy only what you NEED not what you want. the key to getting started is to have as much excess funds after essential spending to stockpile value in investments, so that you can invest more faster at the beginning. so that as it grows, it accumulates more and sooner. then once you are self sustainable, with a nice amount of wealth, you can enjoy things more