By doing something you love you are more motivated to put the time and effort it takes to succeed and may even develop a new business out of it. That’s the advice of Christopher Paul Gardner. Gardner is nowa millionaire, but he was a homeless single father for a time.

Don't buy a car just for the status it allegedly brings. It’s an object designed to transport you in safety and reasonable comfort, acting otherwise leads to money waste.

Ingvar Kamprad of Ikea drives a 10-year-old Volvo, and Walmart billionaire Jim Walton drives a 15-year-old pickup...

The sooner you start managing, saving, and investing your money, however limited, the better off you'll be as long as you avoid mistakes like investing everything into one stock. That’s the advice of Carlos Slim Helú.

He is a Mexican businessman who was ranked as the richest p...

Learning how the system works and avoiding the major pitfalls is often enough to succeed. It’s slow but it’s safe and it’s also the advice of billionaire Warren Buffett.

Buffett made his investment fortune on the fundamentals: focusing on companies with strong annual cash flow, and c...

Constantly pursuing things you don't need puts you on a financial treadmill, not an upward escalator.

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.

There is nothing to be ashamed of in taking the public transport and walking. It's easy on the bank account, and better for the environment. Protect yourself and your money by not falling prey to meaningless social pressures or vanity.

A few billionaires like John Caudw...