A lot of interesting posts. What is working for me is, 1. stop spending, cut to essentials. 2. pay off debt. 3. put money
into investments, (once you put money
into investment don't ever take it out, remember if you didn't invest you wouldn't have that money anyway it would already have been spent). 4 Don't buy depreciating assets, (like new cars, furnature, etc...).
I find debates about the stock market and real estate irrelevant, if you don't invest your losses are 100%. Your biggest losses will always be the stuff you bought for retail that will someday be taking up space in a landfill. I lost
80% in the last stock market crash, so what! I still have 20% more than my coworkers you never put a dime in the stock market, someday my stocks will go back up, their new Lexus never will. And I will buy it just a couple of years from now for cents on the dollar.
If you only buy assets that have intrinsic value, and make your savings a one way street, I only sell an investment to buy another one. Your wealth can only go up.
My net worth has gone from negative to over 1/2 mill in 10 years. I put in some 16 hour days to get there. In 5 more years I'll see you out there, good luck.