I think by saving early and regularly what they mean is they have a savings goal of say for eg. to save 20% of their pay each month without fail. Once that goal is achieved with the remainder 80% you can do whatever you want. So controlling spending is ranked 4th because what you do with the 80%...
Continuing from another thread I started some time back -
The power of compounding and 2% difference in investment returns
Another important factor on wealth building is saving early.
Very interesting statistics...
Full article here
It has been known and proven time and time again that...
