Do some people become richer because they manage money better?

Do some people become richer because they manage money better?
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Answer :

Several wealthy people I’ve known have given me tips on keeping money over the years. One man who owned a company and fleet of vehicles, told me he only keeps liability on all his vehicles because any accident is still going to be less than all those vehicles with full coverage over their lifespan. Sam Walton of Walmart was notoriously humble and no one would have known he was wealthy by his appearance, home or vehicle. Another wealthy friend said he will only buy used cars for the rest of his life due to the depreciation as soon as you’re off the lot. Dave Ramsey says NEVER lease a vehicle, it’s the dumbest move you can make financially.
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