Money Lessons from Warren Buffet
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1. Borrow Wisely
Don't borrow using credit cards and unnecessary loans.
Especially don't borrow money from your loved ones.
Don't borrow using credit cards and unnecessary loans.
Especially don't borrow money from your loved ones.
2. Pay Yourself First
Save before you spend,
Don't just save what's left after spending.
Anything beyond basic needs can be converted to savings.
Save before you spend,
Don't just save what's left after spending.
Anything beyond basic needs can be converted to savings.
3. Invest Long-Term
Warren Buffet investing strategy: Set it and Forget it.
Don't pick a stock if you are not willing to hold it for 10 years.
Don't get caught in daily variations.
Warren Buffet investing strategy: Set it and Forget it.
Don't pick a stock if you are not willing to hold it for 10 years.
Don't get caught in daily variations.
4. Learn to generate Passive Income
As Warren Buffet says:
"If you donβt find a way to make money while you sleep, you will work until you die."
Start building your side hustle right now.
As Warren Buffet says:
"If you donβt find a way to make money while you sleep, you will work until you die."
Start building your side hustle right now.
5.. Don't settle for Paycheck to Paycheck Lifestyle
If you are settled for mediocrity,
You cannot think about achieving greatness.
If you are settled for mediocrity,
You cannot think about achieving greatness.
6. Don't underestimate Small Money Habits
Big wealth is not a result of single instance,
It's the positive habits compounded over a decade and more.
Big wealth is not a result of single instance,
It's the positive habits compounded over a decade and more.
7. You don't need a lifestyle upgrade to be happy
Warren is worth $90 billion+,
But he used to live happily in a small house he bought in 1958.
Warren is worth $90 billion+,
But he used to live happily in a small house he bought in 1958.
Thanks for reading.
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If you have learned something from it, Retweet the first tweet to help others.
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