How to Build Wealth on a Small Income

Written By walagampalage minuri

You don’t need a high salary to start building real wealth. Here’s how you can grow your money even with a modest income

1. Pay Yourself First
Save a small percentage (even 5%-10%) before spending anything else.

2. Avoid Lifestyle Inflation
Just because you earn more doesn’t mean you should spend more. Stay disciplined.

3. Focus on Skill Growth
Invest in learning new skills that can increase your income over time.

4. Eliminate Debt Aggressively
High-interest debt is the enemy of wealth. Make extra payments whenever possible.

5. Start Investing Early
Even AED 100/month can grow significantly over time with compounding.

Remember: It’s not about how much you earn — it’s about how much you keep and grow

walagampalage minuri
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