10 Warren Buffett Money Tips Everyone Should Follow

Warren Buffet money tips

If you want to get the most out of your money, it makes sense to listen to people who know a thing or two about it. Finding a financial mentor is a great way of doing this, but if you can’t find one right away, following tips from those who are well-respected in different financial fields is a good place to begin. When most people think of finance and investments, one of the names that invariably comes up is Warren Buffett. There is a good reason for this. Warren Buffett is well-known for giving sound financial advice that many people would do well to take into consideration. Here are a few tips that he’s given to the public over the years that everyone should keep in mind:

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7 Responses to 10 Warren Buffett Money Tips Everyone Should Follow

  1. Minny says:

    It seems like common sense so not a particularly enlightening article, but not so. How many people do half of the things here? Not very many as it does not give you the magic ‘get rich quick’ key to open the door to being wealth.

  2. Gailete says:

    Sure it seems common sense, but if people paid attention to those things he talked about, maybe many more would be rich like him. He has always been willing to put off a pleasure now for money in the bank for necessities. He is the richest man in the USA is he not? At this point he could spend money like water for the rest of his life, but he still holds to those principals that he has run his life by and more power to him. Puts to shame all those folks that think just because they got a raise, they can trade up to a bigger house, better car, etc. and then realize a few months down the road they can’t afford the carrying costs on them.

  3. David S. says:

    Hi Danielle,

    These points courtesy of the great business magnate gives us the chance to ponder on saving money. These tips seem easy to follow but it takes a lot of determination from the person who wants to adopt these suggestions.

  4. elliott says:

    Some folks think they know a little more than others because of something they read or heard. That usually ends up a flp. Mr. Buffet keeps it simple and if you think he ia not on track then who is. ake the glitter out of your dreams and keep your feet firmly planted on the ground. Winning the first game of the year by a landslide score does not make you champions for the season.

  5. Ifunanya says:

    A timely advice for us all

  6. “Master the Basics”

    This is one of the things I think many people forget while investing. Many people start investing because they think they will make money investing in the brands they love, or sometimes in IPO’s of popular companies such as Facebook.

    That’s what inspired me to start my website and develop a course to teach anyone all the Basics they need to know about investing. You would be surprised how much money people lose by investing blindly.

    Great article!

  7. Julio says:

    How do you find ‘value’ in a company? All the ones with ‘value’ have already been ran sacked by hedge fund manager and driven the stock price sky high.
    I’m just saying its hard for us regular folks to be able to find stocks that will grow your money.

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