Earning a lot of money is one thing, but making it grow and not letting it slip away is another. Handling money wisely and being disciplined with it are crucial for achieving wealth. Many mistakenly believe that a high income alone makes you rich, but true wealth is measured by your net worth— the cash value of all your possessions, including savings and investment gains. Striving for a large net worth and investing wisely for the financial future is key.

Those who maintain a clear overview and create a long-term financial plan can strike a balance between income, expenses, and savings. Seeking help from a reputable financial planner is beneficial. Having a passive income, earned without actively working, is essential for becoming rich. Managing money, rather than keeping it hidden, is crucial.

Diversifying income into different bank accounts is advised. Allocating 50 percent for overhead costs, putting 10 percent into an account for investments, and another 10 percent into a pleasure account for personal enjoyment are suggested. Saving and keeping living costs low are crucial. Reckless spending on luxuries can hinder wealth accumulation. Long-term thinking and the willingness to delay immediate gratification are traits of those who become millionaires.