In order to become rich from salaried employee without any background or ancestral wealth, you need three things in favor of you.
- You have to earn more than what do you need to live
- You have to invest the excess
- Your investment has to grow or appreciate
You have to earn excess, If you are in short of money/salary for your living too, then you will not have money for investment. So earn more than what do you need to live.
Invest the excess money in realty, gold, shares, mutual fund, bonds, in (your/other) business, in (your/other)company.
Your investment have to grow in value or appreciate in value. This is not in your control. Luck has to favor you in 3rd point. Various factors involved in the 3rd point which is beyond your control.
If you do the first two things correctly and then 3rd point also favors you, then you become rich over a period of time. You need to wait for some time for your investment to grow.
If you are not earning more than what do you need, then you can not invest the excess. If you are not investing, then there is no scope for growth or appreciation.
In order to taste the luck/appreciation, you need to invest.
Earn more, invest the excess, pray for appreciation of your investment to become rich.
But, if you want to live happily, enjoy, then SPEND the excess money. You have to earn more than what do you need to live. SPEND the excess to live happily. Spending gives you pleasurable and memorable experience in life.
To become rich, INVEST.
To live happily SPEND.
Choice is yours.
Note: Whatever is your salary, or how much is your salary… Your salary is not richness. It is a blunder to consider salary as richness. Salary is not a life long or evergreen income source. Salary will be stopped sooner or later.