The potential of assets to grow our wealth over the long term becomes increasingly powerful as the numbers compound. Putting money towards ASX shares each day, week, or month could make a huge difference to how much wealth we have in the coming years.

How much do we need to invest to become wealthy? Depends on how wealthy you want to be and how long you have to achieve that goal.

It’d be great to invest $100,000 every year, but not many households have a financial picture like that.

For Aussies serious about building wealth, reaching $1 million will require significant effort, choices, and patience. It’ll require attention on the expenses and/or income side of things.

I’m going to show how putting $50 per day…