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Simplest Way to Wealth

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Earn it.

Save it.

Have fun with it.

You do it in that order, and you will be set.

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Don't opt for bankruptcy until you have considered an IVA or other debt solution. If you do enter into an IVA getting a loan or credit card will be practically impossible.

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11 Responses to “Simplest Way to Wealth”

  1. No Debt Plan on Says:

    Ah, it’s that first thing that can be difficult some times…!


  2. Mark @ TheLocoMono on Says:

    Between Save it and Have fun with it, I would put in Grow it.


  3. Emily on Says:

    I agree with Mark! We should try to grow our money as much as we can!


  4. lena the thinker on Says:

    Very well said. There’s no harm in saving for the rainy days while enjoying it at the same time.


  5. Mike Huang on Says:

    Little text brings big meanings :)

    -Mike


  6. LiteDeals on Says:

    well written but I would like to suggest a small revision of the last step “Have fun with it wisely” - such as always spend time looking for a deal whenever you want to buy something, or buy all things you need on Black Friday only :D


  7. AJC @ 7million7years on Says:

    Spot on … BripBlap, I, now you, and a few other bloggers recently have started the movement towards the realization that you simply cannot save your way to a fortune.

    It all begins with Earning MORE …. then saving MORE.

    Here’s a tip: If you’re already saving 10% of your current gross, try saving 50% of any additional money that you EARN … watch your savings ACCELERATE!


  8. Mayank Rocks on Says:

    haha. Earn it. Save It. Invest it to earn even more. Spend the extra :P


  9. Holly on Says:

    That first one is hard, but if you can do it the rest works well.


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  1. A Banana for Thought : A Roundup of Personal Finance Bloggers : Just Personal Finance @ TheLocoMono Website on Says:

    [...] to wealth is the most simple if not the straightest line.  David at MoneyNing offered us the Simplest Way to Wealth.  I would add "Grow it" before you have fun with it.  Another commenter also [...]


  2. Weekend Linkage - March 23, 2008 | The Suns Financial Diary | A Personal Finance Blog on Saving and Investing on Says:

    [...] Simplest Way to Wealth at Money Ning Earn it. Save it. Have fun with it. [...]


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