<prompt> Human: HelloI was reading an extremely interesting article about investing in order to achieve financial independence. Yet, there the followin point I didnt understand: Reason 2: You Cant Invest Your Way Out of Not Saving Saving money can be hard. You may not be making enough money right now to realistically hit some of those higher savings rates. Or you may enjoy spending money and simply not want to make the sacrifices needed to save more. In either case, you may think that you can make up for a lower savings rate by figuring out how to get better investment returns. That would really be the best of both worlds, right? It sure sounds good, but it doesnt actually work. The truth is that for the first decade of your investment life, the returns you earn, good or bad, dont actually matter much at all. What really matters is how much you save. And it makes sense when you think about it. Lets say you have 10,000 in savings. An 8 investment return, which is about average for the stock market over the long haul, would earn you 800 over the course of a year. Even a phenomenal 20 return would only increase your savings by 2,000. You could save more than that just by contributing 100-200 per month to a retirement account. Thats only a 2.5 to 5 savings rate on a 50,000 salary. If you bump that savings rate up to 15 on the same 50,000 salary, youre now adding 7,500 to your savings each year, which is MUCH more than youll earn from your investment returns. At higher salaries, the difference is even more dramatic. The bottom line is this: For the first decade or so of your investment life, saving more has a MUCH bigger impact on your eventual success than finding a way to earn better returns. Focus on getting that part of your plan right before worrying about everything else.source: I dont understand, based on the example of the 10.00 usd in savings, why saving has such a bigger impact. I do understand that if you invest 15 in stead of 2.5-5 of your yearly salary you invested more. OK, so what? An entire chapter to explain this? I feel like I am missing the whole pointCould somebody quickly eli5 this please?Thanks  <response>: Its basically a response to a common question around here which goes something like I have 1,000, whats the best way to grow that money? Theres no magic investment formula thats gonna give you amazing returns from nothing or close to nothing. The best way to guarantee financial independence is to save invest a significant portion of your income. 