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Time and money compounded. There really is no get rich secret. One has to live behind the income curve and save your money. When your young one needs to take an aggressive approach. On needs to realize what the highest and best use of money is. I also believe on a more esoteric level one needs to be able to move money from one asset class to another as dictated by the markets. However unless we are Mother even the best of us don't always do whats best for our money.

One example about the highest and best use of money...Why pay your house off and tie up all that money. It doesn't do you any good. Now going and buying a car with the money would be a waste. However if you can borrow the money on the house and then invest it and get a greater return on the money than the percentage you are paying to borrow the money. Then you are using the money to it's highest and best use. Now many people as they get older want the security of a paid off home..they maybe financially wise in all other areas...so in that case because we want the emotional security we don't always do whats best for our money.

With our money it is a balancing act...we have to plan for the future and what it brings and we have to live for today, because all we have is the moment.

A little more about saving your money....a way to save your money is to watch where you spend it. Do you shop at the Mall or do you shop at the Discounters. Do you buy a NEW car or a 2 or 3 year old car, where the depreciation has allready been taken? See in a way you can have your cake and eat it to, if you choose wisely. I have known some VERY WEALTHY people and they invariably watch where and how they spend their money very closely. For example Warren Buffet who is the second wealthiest man in the world still lives in his modest home that he bought in 1957.