6 Great Tips From Warren Buffett On Personal Finance

These days an image called "6 excellent tips by Warren Buffett" (which can be translated as 6 excellent tips from Warren Buffett) has been circulating on the net. I have not checked if all of these tips can be attributed to Warren Buffett or if they are actually from someone else, but I would like to share them anyway because they are still good advice on personal finance full of common sense. The image is in English, but you have the translation of the tips below.

A small clarification, the last name "Buffett" is written with a double "t" at the end, it is not written "Buffet" as it appears in the image. It is a small, unimportant mistake but it is worth clarifying.

6 Great Tips From Warren Buffett On Personal Finance

6 Great Tips From Warren Buffett On Personal Finance

Warren Buffett's 6 Tips on Personal Finance

Warren Buffett's advice on income

“Never depend on a single source of income. Use the investment to create a second source. "

Warren Buffett's advice on spending

"If you buy things you don't need, you will soon have to sell things you need."

Warren Buffett's Advice on Savings

"Don't save what's left after expenses, spend what's left after saving."

Warren Buffett's advice on taking risks

"Never check the depth of a river with both feet."

Warren Buffett Advice on Investments

"Don't put all your eggs in the same basket."

Warren Buffett's advice on expectations

“Honesty is a very expensive gift. Don't expect it from cheap people ”.

To learn more about Warren Buffett, considered the best investor of all time, you can take a look at thisBuffett thinks about education and phalantropy.