In the course of wealth building, many people like to make things easier by paying themselves first, setting aside x amount of money to invest and save. This amount will not be touched for daily necessities and other uses.

Paying themselves first is of course a great personal finance tip, and one I will advocate as well.

For the singles or those that saw the light of how early savings and investments can prove to be fruitful in the future (read the power of compounding early), they tend to save 50-60% of their disposable income.

This amount they will use it as their “bullets” to build wealth by investing at a higher rate, through stocks and bonds, properties.

To a certain extent I think we can improve upon this and be more goal focus when it comes to wealth accumulation.

Different Goals, Different Time Frames

The pool of ...