How do you accumulate wealth, and be financially free?
Because life is meant for the living
For most people, the goal would be to have a sizeable amount of money so that they can have a comfortable life and not worry about money, which is usually the number one concern for most people.
The key to accumulating wealth is simple:
- Firstly, sell your time for money,
- Secondly, spend less than you earn,
- And lastly, invest your savings so they will grow without your active intervention.
This would be the non-complicated method and straightforward method. You need not do anything drastic, or different from an average person. Additionally, you need not invent anything or take on huge risks to start a business or etc.
That’s it. It’s a simple input and output problem.
Constraints
There is just one constraint on the whole system: the time you have available in this world. The time in general that humans have on earth. . The United Nations estimate a global average life expectancy of 72.6 years for 2019.