There are 2 ways to become rich; you either save your way to being rich or you earn your way to being rich. Truth be told the first method doesn't work, you see "saving" is only such a miniscule influence on wealth, because over time that money saved decreases in value-unless you are putting that money to work in which case you're earning more. I say you can't save your way to being a millionaire because even if you managed to do so and lets say it takes you 10-20 years or a whole lifetime for that matter, in that time when you take into account inflation being a millionaire will be so normal and average on the wealth scale that being a millionaire will no longer mean anything and the new "millionaire" ie. someone rich enough to afford whatever they want, will be a 10 millionaire or whatever it is at the time. Even now being a millionaire doesn't carry the weight it used to only 10 years ago, let alone 50 years ago, 50 years ago $1 million USD is the equivalent now to 7.2 million USD now. Meaning that if you had saved 1 million starting 50 years ago, its now already worth less than 1/7th of what is was back then. Therefore to become rich, to afford everything you want, you need to earn more, not save more. However saving money can help you gain the capital you need to invest to earn more, whether that be to invest strategically, to start your own business or even to simply survive while you work extremely hard at a job.