https://www.aarp.org/money/investing/in ... eedom.htmlMany people think that being a great investor is the key to being wealthy. Yet the ability to save is the more important ingredient. You could be a better investor than Warren Buffet but, if you can’t save, you’ll likely never reach financial independence.
I’ve found that some people inherently are frugal while others are spendthrifts. It’s actually very hard to change one’s behavior on either extreme. People can and do change, however, and there are many stories of those starting later in life and then completing the journey. Five key steps are:
Pathways to Financial Freedom
Live below your means and invest what you save
By Allan Roth