The Law of Accumulation

January 19, 2024

By: Brian Tracy

The Law of Accumulation: how your financial fortune accumulates slowly over time and then becomes enormous, like a snowball. The Law of Accumulation: Every great financial achievement is an accumulation of hundreds of small efforts and sacrifices that no one ever sees or appreciates.

Develop Discipline

The achievement of financial independence will require a tremendous number of small efforts on your part. To begin the process of accumulation, you must be disciplined and persistent. You must keep at it for a long, long time. Initially, you will see very little change or difference but gradually, your efforts will begin to bear fruit. You will begin to pull ahead of your peers. Your finances will improve and your debts will disappear. Your bank account will grow and your whole life will improve.

Build Up Momentum
The first corollary of the Law of Accumulation says: “As your savings accumulate, you develop a momentum that moves you more rapidly toward your financial goals.”
It is hard to get started on a program of financial accumulation, but once you do get started, you find it easier and easier to keep at it. The “momentum principle” is one of the great success secrets. This principle says that it takes tremendous energy to overcome the initial inertia and resistance to financial accumulation and get started, but once started, it takes much less energy to keep moving.

Start Slow, Finish Fast
The second corollary of the Law of Accumulation says, “By the yard it’s hard, but inch by inch, anything’s a cinch.”

When you begin thinking about saving 10 or 20 percent of your earnings, you will immediately think of all kinds of reasons that it is not possible. You might be up to your neck in debt. You might be spending every single penny that you earn today just to keep afloat.

If you do find yourself in this situation, instead of saving 10 percent, begin saving just 1 percent of your earnings in a special account, which you refuse to touch.

Increase As You Go Along

This small amount will begin to add up at a rate that will surprise you. As you become comfortable with saving 1 percent, increase your savings rate to 2 percent, then 3 percent, then 4 percent and 5 percent and so on. Within a year, you will find yourself getting out of debt and saving 10 percent, 15 percent and even 20 percent of your earnings without it really affecting your lifestyle.

Action Exercises
Here are two things you can do to apply this law immediately:

First, decide upon your long-term financial goals and then resolve to work toward them one step at a time. The first steps are the hardest and you must discipline yourself to avoid backsliding into old habits.

Second, practice the law of accumulation in other parts of your life as well. Resolve to master a subject one page at a time. Lose extra pounds one ounce at a time. Learn a language one lesson at a time. The cumulative effect can be enormous.

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5 Responses to “The Law of Accumulation”

  1. Jennifer on January 19th, 2007 12:31 pm

    This is such a great site! I need this blog! :-) Thank you for the time and effort you put into helping us all!

    I think this site is great for adults and young people as well… so many lessons of life you share!

    Keep up the great work!



  2. Brian Tracy: The Law of Accumulation. » World Class Guru’s Blogs on January 20th, 2007 4:00 am

    [...] This blog helped me understand a fact much better way. That is, if someone really wish to achieve financial freedom, he has/she has to put numerous small actions to achieve it. But it never happens instantly. Its not a Lottery! Its like make a ocean drop by drop. Read this article [...]

  3. Frater Epistis on January 25th, 2007 10:49 pm

    This article really made my day! :D
    “By the yard it’s hard, but inch by inch, anything’s a cinch.”
    -That’s going to be a new affirmation for my mornings! ;)

    Keep it up!
    -Frater Epistis

  4. Alex Shalman on January 26th, 2007 11:35 pm

    I enjoy all your work. Thank you for another great post!

    Alex Shalman

  5. 3 Piggy Banks — Raise Your Consciousness on November 20th, 2007 1:58 pm

    [...] I get or even more? It is easy, really. Turn on you consciousness and start with 10% decision using The Law of Accumulation. Continue save 10% of you income every month until you get used to do it. You have to make a habit. [...]

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