How Is Everyone Getting So Wealthy Nowadays? They’re Using These Pillars Of Wealth Building!

Building wealth is simple. In fact, it’s so simple there are only a few principles that must be followed to build riches for oneself. That’s right, just a short list of do’s and don’ts separate the 99% and the 1%. Hard to believe isn’t it?

Now, before anyone cries foul, I didn’t say that wealth building was easy. It’s not. It takes hard work, discipline and yes, what some people call a four-letter word, sacrifice. But guess what? Anything in life of value requires those things!

Want to be an Olympic champion? You gotta’ give it your blood, sweat and tears.

Want to run marathons? You have to put the time in on your feet, pounding the pavement.

Want to become financially free? You have to put the effort in and follow the steps.

And it’s following the simple steps is where most people trip up.

Many want to blame their lack of wealth on something sexy-sounding like they didn’t win the lottery or that they didn’t invent some cool technology from their dorm room.

While that may be a convenient excuse, it’s horse manure.

It’s ignoring the simple building blocks of wealth that hamstring just about everyone.

What are they you ask?


Below are a list of the main pillars of wealth building. They are responsible for untold riches that have helped thousands of people succeed with money for decades. They’ll help you too, if you’ll follow them…

  1. Earn as much as you can. This sounds super obvious but I’m still surprised at how many people who want to get ahead in life, muddle thru it with almost a childlike view on income. Right out of college, they setup camp in the corporate world of paltry 3% annual increases. They also do something else – they stop educating themselves. No more reading. No more studying. No more improvement. No additional effort. Friends, if you’re planning to get ahead with this type of plan, you’re most likely going to struggle. One of the pillars of building wealth is to always be making steps toward increasing your income. That means continuing your education to help you become more valuable to the marketplace and provide you with promotion opportunities that let you make exponential leaps in income. It also means being realistic. While that degree in ancient Roman history sounded cool in college, it’s not what our capitalistic economy rewards. Our economy rewards highly technical skills (i.e. engineers) and also competent salespeople selling complex products and services. Take a look at the most highly paid people in your company and you’ll see right away that it behooves you to do whatever it takes to get into those types of fields, where earnings are much higher than average.
    Also, the subject of moonlighting is highly underrated. I encourage anyone wanting to build wealth, to start a side-hustle to your day job. The internet is the great equalizer. Nowadays, you don’t need retail space or expensive logistics to move products. There are thousands of millionaires that have made it by having a business on the side that provided them with extra income to invest (more about this later). I don’t care what it is – dog walking business, lawn mowing service or your own import/export business online – setup multiple streams of income for yourself so that you’re not relying on just one source of income from a job.
  2. Spend (way) less than you make. Again, sounds very obvious but this is where most people trip up. Having done without much during their college days, they open their wallets extra wide after they land that first job and go spend crazy. New car, new wardrobe and new toys. But it doesn’t end there. Soon they make the mother of all financial mistakes – they buy way more house than they can afford. That decision alone puts them on a path of financial misery that will haunt them for decades. Friends, I’m not going to make this article about the pros and cons of making your own coffee instead of buying it at Starbucks. What I will tell you, is that if your plan to get ahead in life includes you spending the majority of your income, no matter what it’s on – kids, house, cars, or electric dog walkers – you are not cut out to be wealthy. I see people playing it way too close to the line here, with savings goals of 5-10% of their salaries. In my opinion, that’s way too little and just one major financial surprise away from depleting their savings. What’s a good percentage to save? Shoot for 50%. Some of you will have a heart attack reading that! Yes, that’s an aggressive goal and most people won’t be able to do that. However, it’s a great goal to set as you’ll probably land in the 30%-40% savings range, which will put you way ahead of the average person.
  3. Build a capital investment fund. If buying more house that you can afford is the mother of most financial failures, what is its opposite? It’s building a fund to make investments with. This is the very gateway to riches. This is why I stress that people have higher savings goals. Not just for the sake of saving money. Yes, you should definitely earmark a percentage of your savings towards retirement, but you should also put aside funds that give you money to invest. By invest, I mean investing in assets such as real estate, stocks and starting a business. If you asked me what truly separates the rich from the mediocre, it is the process of creating and using a capital investment fund. It’s a force multiplier. Like closet space, a person will mostly grow into their salary. This is why most people struggle. It’s very hard to get ahead with what’s typically left over from your paycheck. Set aside funds for the express purpose of building an investment war chest and watch your wealth grow.
  4. Invest. Investing in income producing assets is the building block that’s literally behind every wealth story. Here’s an analogy: How do you win at the game of Monopoly? Is it by just collecting $200 with every time you reach GO? Of course not. You get ahead in that game by buying properties and railroads and charging rent. Think of the money you collect as you go around the Monopoly board as your salary. If that’s all you’re relying on to get ahead, you’ll soon be at the mercy of someone who took their money and used it to invest. They’ll be charging you rent and you’ll be at their mercy. If you’ve never invested, I encourage you to learn how. There are tons of resources online and at your local library that can assist you. Learn from people who’ve built wealth the common sense way for decades, like Warren Buffett, not some scam artist who’s trying to sell you their latest book. Take your time. Become a student of whatever investment field you choose and invest wisely with a long-term view. This is exactly what I did and it transformed my life.
  5. Protect your investments. I was vacationing at a lake recently and struck up a conversation with a couple whose cabin was next to mine. We started talking about health insurance when they told me a story of some friends of theirs who had made the decision to forego health insurance. As you might expect, one of them fell seriously ill and without insurance, they had to pay his medical bills out of pocket, depleting their savings. Just so that we’re clear, they weren’t poor or indigent. They were a middle class couple who thought they’d be clever and avoid health insurance premiums by gambling they’d never need insurance. Friends, I don’t know how else to put it than this way – this is adult stupidity. It reminded me of an email that got circulated to me right after Hurricane Harvey hit Houston. The email was asking for donations to help a family that had sustained considerable damage to their home due to flooding. The reason for the contribution request? The family didn’t have homeowners insurance. Was the family poor? Nope. Where they financially incapable of paying for insurance. Not at all. They, like the previous couple, just thought it was a brilliant idea to have major assets in their life go unprotected. Friends, I don’t like to criticize people who are down, but I must tell you that playing a game with your most significant assets is the mark of the mediocre. Financially successful people know that with assets comes responsibility. They insure their health. They insure their homes and automobiles. They build emergency funds. They have wills and trusts and other mechanisms in place to provide durability of those assets. If you’re going to build the types of assets that provide financial freedom, know that you’ll also need to take the necessary steps to protect those assets.

That’s it! Like I said, super simple.

If you’re not where you need to be financially, it’s probably because you’re not following one of these pillars of wealth building. Most people violate or ignore one or more of them. That’s why most people struggle in life.

My advice? Don’t complicate things.

Keep it simple. Keep your head-down and do the work. Follow the recipe. Follow the plan.

Follow these steps – 1, 2, 3, 5 and 5 and you’ll be on your way to wealth, and on your way to financial freedom.

Be free. Nothing else is worth it.

Financial Freedom Monty Campbell

P.S. Why aren’t you wealthy yet? It’s because of something you don’t know. Otherwise you’d already be rich. Isn’t it time to learn what you don’t know? Consider signing-up for my newsletter below, to help you build wealth faster.

P.S. Why aren’t you wealthy yet? It’s because of something you don’t know. Otherwise you’d already be rich. Isn’t it time to learn what you don’t know? Consider signing-up for my newsletter below, to help you build wealth faster.

P.S.S. Looking to make an overnight fortune? Don’t sign-up to receive my newsletter  below. There’s no magic secret. Becoming financially free takes time and dedication. But learning professional-grade money skills can have a life changing effect. If you’re ready to put in the work and learn, I can show you how to achieve financial freedom faster than normal. 

P.S.S.S. There’s nothing for sale on this blog or in my newsletter.  That’s right. Unlike other sites who claim to help people achieve financial success, I’m not trying to sell you anything. In fact, I find it a little disgusting that some sites insist that you buy something before they teach you how to become rich. Here on my blog and in my newsletter, I just provide actionable advice for free. It’s my way to give back. What do you have to lose? Subscribe today. 


Ready for more tips on how to achieve the free life? Check-out more articles from the blog archives below:

How This One Decision Kept So Many In The Middle Class, Until It Dissolved Into The Poor Class

They Are Now Saying That The Revolution Is Dead. What Do We Say? Long Live The Revolution!

How Will The Longest Bull Market In History End? The Answer May Not Be Quite What You Think!

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