One simple strategy for creating personal wealth is a concept called "pay yourself first". It is a successful and relatively painless way to ensure that you save a little of the money that you make. If you deposit 10 percent of your paycheck every payday into a savings account you have already figured out how it works and are out your way to being financially successful. The second step is to leave that money alone. The only time you can access that money is for a major purchase like a car or a home, or to invest it in a guaranteed return investment product. That way you ensure that no matter what else happens during the next month or two weeks you have already paid yourself by making your savings deposit. When you are younger these savings help you buy your first car. After you get married it can become a down payment on a house or a college education for your children. When you finish working you will already have money for your retirement. You can start paying yourself first today. Sign up for the 401(k) plan at work and contribute to the maximum if you can. Use your savings to pay off any credit card debt and clean your financial slate now. Then talk to a financial adviser who will help you develop a financial plan and an investment strategy. Your adviser will help you save and invest wisely in order to help you achieve your financial goals. If you make a decision to pay yourself first today you may never have to worry about personal finances again and wouldn't that be a relief? Imagine, never having to worry about money again. Another tip for increasing your savings is to always add your raises to your pay yourself first plan. That will not only protect your savings against inflation but it will also allow you to create your nest egg faster. Maybe you could even retire earlier. Make a monthly budget for yourself and stick to it, no matter what and include your savings plan in your budget. Pay yourself first and let the money take care of itself.