In terms of behavior and finance, what does financial success heavily depend on?

Financial success is largely determined by behavior and knowledge because these two factors are fundamental in making informed financial decisions. Knowledge in personal finance includes an understanding of budgeting, investing, and managing debt, while behavior relates to one's discipline, spending habits, and decision-making processes.

When individuals are knowledgeable, they are better equipped to navigate financial situations, recognizing opportunities and avoiding pitfalls. Additionally, positive behaviors such as consistent saving, living within one's means, and making informed investment choices contribute significantly to achieving financial goals. Successful financial outcomes are not just a result of what one knows but also how one applies that knowledge in real-life scenarios.

Education can contribute to knowledge, but without the right behaviors, it may not lead to financial success. Similarly, merely saving money isn't enough; it needs to be part of a broader strategy informed by good financial practices. Lastly, relying on luck and timing does not provide a reliable foundation for financial success, as these factors are often unpredictable and beyond one’s control.