Money Lessons from Warren Buffet

~ Thread ~
1. Borrow Wisely

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.
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.
4. Learn to generate Passive Income

As Warren Buffet says:

"If you don’t 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.
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.
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.
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