1. Spend less than you earn
Live within your means: It’s advice you’ve heard countless times, but it bears repeating because it’s an immutable tenet of building wealth.
As Money Talks News founder Stacy Johnson puts it in “The Golden Rules of Becoming a Millionaire”:
“… in general, getting richer every month is as simple as spending less than you make, and getting poorer is as simple as spending more than you make.”