How do we become wealthy?

"It is not how much money you make, it is how much money you save that matters," Thomas pointed out.

I had got it wrong about wealth then. Now I understand: wealth is not the same as income. If I make good income each year and spend it all, I am not getting wealthier. I am just living high.

Wealth is what I accummulate, not what I spend.

So many friends, colleagues, acquantainces I know - all hard-working, well-educated, high-income people - ask this question: "How come I am not wealthy?"

In my road to recovery back in my late 20s following my own personal financial 9/11, I discovered one word profile the wealthy, affluent people: FRUGAL. They live well below their means.

Boat children selling their wares in Halong Bay