How do poor people accumulate wealth so quickly？

Building wealth, particularly for those starting with limited resources, is a challenge that requires discipline, knowledge, and strategic planning. Here are some steps that could help achieve this goal:

Budget and Save: Begin by creating a budget to understand your income and expenses. Prioritize necessities and minimize unnecessary spending. Aim to save a portion of your income, even if it's a small amount. Over time, even small savings can add up.

Eliminate Debt: Pay off high-interest debts as soon as possible. Debts can significantly hinder your ability to accumulate wealth, as they often grow faster than most investments due to high interest rates.

Invest: Once you have some savings and have managed your debt, consider investing. Start with low-cost index funds or ETFs, which are often recommended for beginners due to their diversification and relatively low risk. As you become more comfortable and knowledgeable, you may explore other investment options.

Increase Your Income: Look for ways to increase your income. This could be through gaining more education or skills to improve your job prospects, taking on a second job, starting a side business, or monetizing a hobby.

Continual Learning: Stay informed about financial matters. Read books, listen to podcasts, attend seminars, or take online courses about personal finance and investing. The more knowledge you have, the better decisions you can make.

Long-Term Mindset: Building wealth is often a slow process. It's important to have patience and focus on long-term goals rather than seeking quick, risky returns.

Remember, everyone's financial situation and abilities are different, so it's important to create a plan that suits your individual circumstances. It may also be beneficial to consult with a financial advisor.