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Cutting back on small expenses won't save you the most money, but controlling your biggest expenses might.

A self-made millionaire who retired at 30 says budgeting is like dieting, and there’s a reason neither feels effective

Grant Sabatier likens budgets to dieting — the more guilt you feel, the less you stick with it because it becomes a point of anxiety and stress.
Early retirement requires a lot of earning, saving, and investing.

There are only 3 things you need to focus on if you want to retire early

If you want to retire early, you need to earn steady income, live below your means, and invest your savings.

Saving money is a good start, but where you keep those savings can matter even more

Saving money in a traditional checking account doesn't cut it. Depending on your situation, savings accounts, mutual funds, and CDs can be better.
If saving money isn't a priority now, it never will be (author not pictured).

I made a mental shift to start saving more money and I’d recommend it to just about anyone

I make saving money a priority by treating it as an expense. I pay for rent, food, and insurance every month, so I "pay" myself, too.
Automating your finances means you don't have to think about them all the time. The author is not pictured.

After more than a decade fine-tuning my finances, here’s my 4-step process to make building wealth automatic

Automating your bill payments, savings, and investments sounds harder than it is, and it's a smart step on the path to build wealth.
This is financial literacy 101.

There are 3 fundamental money concepts most people still don’t grasp

Your 401(k) account is filled with your pretax money, and the sooner you start contributing, the more you'll have when you retire.
Increasing your income is a long-term strategy for wealth creation.

Experts say 95% of money advice focuses on the wrong thing

Saving money isn't the sole ingredient in building wealth. If you can increase your income, the benefit will be much greater.

9 important money concepts to understand before you’re 30

Master these money concepts and you're well on your way to building wealth.
The author is not pictured.

I moved my emergency fund to a high-yield online savings account, and after earning 20 times more interest I’d tell anyone to do the same

Everyone should have an emergency fund. If you want to stay on top of your finances, try starting with a high-yield online savings account.

7 of the smartest pieces of advice about saving money from early retirees

We rounded up some of the best saving tips early retirees have shared. Their wisdom doesn't just apply to other hopeful early retirees.