Growing wealth is not as difficult as it seems, according to a self-made millionaire Ramit Sethi. It's easy enough that Sethi thinks it takes only three "deceptively" simple steps to accumulate wealth and gain financial independence.

Sethi is the author of the book "I Will Teach You To Be Rich" which outlines a six-week process to help readers choose the right investments to make sure their money grows.

Whether you're worried about your home loans, student loans, or any other debt, or if it's about asking for that big raise you've been eyeing, Sethi has a strategy for you.

Sethi revealed three "boring" and "deceptively" simple steps to grow wealth, in an earlier interview with CNBC.

Three Steps To Grow Your Wealth

1. Start Investing And Increase It Steadily

The first step to becoming wealthy is to start investing. It's a habit and once formed, you can set it on autopilot and let the money grow itself.

"Invest a percentage of your income every year automatically and increase that percentage 1%."

Suppose you're wondering whether your investments can perform as well as those of rich people who have access to options that regular people don't. In that case, Sethi says they "typically do not perform better than a simple S&P index fund."

Identify a simple low-cost index fund and get going.

2. Ask For The Salary You Want And Deserve

Investing is one side of the wealth journey. Making sure you're able to invest consistently is the other aspect. For most people, the source is salary, and making sure you're getting the right salary is important.

"Learn the skills of negotiating your salary and getting paid what you're worth," says Sethi.

One good way to make sure you're getting paid right is by checking what others in the same position as you are being paid.

3. Develop A Side Hustle

While not everyone is a fan of hustling, the journey to making wealth requires you to put in that extra effort.

"If you really want to increase your earnings, consider starting a business on the side," suggests Sethi.

This hustle could be anything you like – the only idea is that you get more money out of it than you put in. It can even be a hobby, provided it can be made profitable.

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