5. Exercise vigilance over every expense and spending. - Deepstash
5. Exercise vigilance over every expense and spending.

5. Exercise vigilance over every expense and spending.

Warren Buffett is well-known for being frugal and encouraging others to do so. He’s lived in the same house he bought when he was 28 for a mere $31,500 to date. Being frugal and conservative with your spending helps you avoid waste. And when you avoid waste, you make your money work for you and save enough to invest for the future.

“If you buy things you do not need, soon you will have to sell things you need.”

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IDEAS CURATED BY

haviland

Stasher, Learner, Civil Engineer, Oil & Gas Professional, Green Tech Researcher.

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Warren Buffett lives in a house he bought in 1957 for $31,500. Carlos Slim has lived in the same house for more than 40 years.

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