Making money is one thing but learning how to make money make you money is another. Robert Kiyosaki always talks about the cashflow quadrant. The left side is the employees and the self-employed. The right side is the investors and business owners. He said if you want to be wealthy you need to be on the right side. If you want to be well-off, make a salary and invest it well. If you want to be really wealthy, start a business and invest it well.
The sooner that you invest the better off you’ll be. Albert Einstein said that compound interest is the eighth wonder of the world. Invest your money and have compound growth work for you. Warren Buffet said, “My wealth has come from a combination of living in America, some lucky genes, and compound interest.” My tiger mom always said, “It doesn’t matter how much you make, it matters how much you keep.” Pretty wise if you ask me.
Learn to make money and learn how to invest it well. Don’t try to keep up with the Jones’. Live below your means until your discretionary spending is a tiny fraction of your overall wealth. (This is me speaking to myself. Your own personal level of live style and wealth creation will determine your money making, spending, savings, and investing profile)