???
So you are saying the people who make money, and are frugal, would not be able to get to "financial security"? I'm a sample size of 1, but I seem to be doing just that "on my own".
You seem extra jaded here. What am I missing?
I don't know how much money you have, but if you or your family had a life-long expensive disease, can you say that given the current medical coverage offered at the current prices, you would be financially secure?
It's not a criticism to your ability to save or manage your money. Please dont' take it that way :)
Having a "life-long expensive disease" is like the inverse of Rule #12, where you've already lost the lottery. Now, this wouldn't even be a problem in Canada, but it'd be pretty moot to put in a rule about that.
The point is, this article isn't "these are the ingredients for being rich", it's "What reasonable guidelines can you follow to maintain any wealth that you manage to accrue?"
The context was "rich people went bankrupt, whaaaaat?" and the article is "well, they must have violated one or more of the following rules in a big way!"