[my first post since the old site ended]
I know nothing about investments so I let Vanguard and TRowePrice do it for me. But to invest, you need funds and I learned about saving. Actually, my wife did.
I took a position in Taipei, and wife became friends with the Chinese in the apt bldg. She learned Chinese pay themselves FIRST! Before anything else. Get the pay check and X% goes into savings. If they don’t have much left before payday, they eat bowls of rice.
As they become accustomed to paying themselves first, that X% savings goes from a start of 5% to 10%, 20%, 30%.
Wife began our Draconian budget while there, and came home to an even stricter budget. Annoyed at the beginning, then realized how much we had to invest!