If you're new here, this blog will give you the tools to become financially independent in 5 years on a median salary. The wiki page gives a good summary of the principles of the strategy. The key to success is to run your personal finances much like a business, thinking about assets and inventory and focusing on efficiency and value for money. Not just any business but a business that's flexible, agile, and adaptable. Conversely most consumers run their personal finances like an inflexible money-losing anti-business always in danger of losing their jobs.
Here's almost a thousand online journals from people, who are following the ERE strategy tailored to their particular situation (age, children, location, education, goals, ...). Increasing their savings from the usual 5-15% of their income to tens of thousands of dollars each year or typically 40-80% of their income, many accumulate six-figure net-worths within a few years.
Since everybody's situation is different (age, education, location, children, goals, ...) I suggest only spending a brief moment on this blog, which can be thought of as my personal journal, before looking for the crowd's wisdom for your particular situation in the forum journals.
If you enjoy the blog, also consider the book which is much better organized and more complete. You can read the first chapter for free, listen to the preamble, or see the reviews (1,2,3,4,5,6,7,8,9, A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,Z). Subscribe to the blog via email or RSS. Get updates on the facebook page, join the forums, and look for tactics on the ERE wiki. Here's a list of all the ERE blog posts.
… could make my life more interesting. If money could make me smarter. If money could make me more intelligent. If money could make me more competent. If money could make relationships better. If money could make me a better husband. If money could make me comfort the dying. If money could make me healthier. If money could make me fitter. If money could make me a better swordsman, a better sailor, a better hockey player. If money could make me read more books. If money could make me understand poetry. (Hey, I figure there must be something to it.) If money could make me understand more people. If money could make me meet more people. If money could make me nicer. If money could make me better at solving problems. If money could make me a grow tomatoes, beets, and chili peppers. If money could make me ride faster, run faster, jump higher, lift more. And a cabinetmaker. If money could make me a painter. If money could make me a composer. If money could make me play the violin. If money could make me a leader. If money could make me understand other cultures. If money could make me think more carefully about how my actions impact future generations Forsooth, if money could make me a better man…
If only money could do that, I would spend all my life making as much money as I possibly could instead.