There will be no complicated mathematic equation in this post. To accumulate wealth, we just need to maximize the below most important elements.
This is how much we are able to keep the hard earned money to ourselves. Can we save RM300/month, or RM2/day, or RM50,000/year? Pay yourself first!
We must give enough time for our money to work for us. The younger we are to start saving, the better it is.
Rate of return is normally associated with the amount of risk we are willing to take. If you know an investment instrument well, you will eventually bear lower risk as long as you know what you are doing. Get higher return from our money! Put our money into places where they can work really hard!
Imagine the box in the picture is the amount of money we accumulated. Increasing the value of the 3 basic elements, we will certainly get a bigger box —-> more wealth!