How To Get Rich? Here’s What Warren Buffett Has To Say
Getting rich is something that all of us yearn for. It makes sense since coming with a lot of perks. You can buy a luxury home, a lavish car, and spend on a luxurious lifestyle if you are rich. But it comes with a catch; while all of us aspire to be rich, not all of us can make it. For some, it is luck and fortune that hinder the way. On the other hand, it is the lack of relevant potential and caliber for others. In this case, all of us are intrinsically driven toward money. But the irony is that the more we work for it and put our blood and sweat into it, the more it goes away from us.
Think about it: Millions of people work hard and still live under the poverty line. Men do terrific and life-threatening jobs like mining and fighting wars. But at the end of the day, they do not make enough money to live a luxurious life. Instead, they barely make ends meet.
So, why is that so? Why are some people so rich even though they do not work as hard as others? And why do some people work extremely hard and put their blood and sweat into their jobs and still can not be rich? What is the logic? Well, it turns out that working hard is not the answer. It takes creativity and productivity to make it to the list of rich people.
Thus, if we look into the matter and analyze the rich people who have made it – without working hard – it turns out that working hard is not the answer. Warren Buffett is one of them. As the most successful investor of all time, Warren Buffett is the richest man in the world.
That is why it will be handy if we head over to him and see what he has got to say about money. Before diving deeper, it is essential to note that Warren Buffett has been sharing his insights about money for years. More often than not, these insights are his life experiences.
What Money Advice Can We Learn From Warren Buffett?
“Do not save what is left,” Warren Buffett says. “Instead, spend what is left after saving.” If you think it through, this is arguable one of the sage pieces of money advice. Essentially, what Buffett means is one needs to limit spending in order to be rich.
If you are spending more than your income and have no savings left, you are missing a major part of your money. In this way, you will never be able to accumulate money. In turn, you will never be rich.
On the other hand, if you limit your spending and save every single possible cent, it will pave the way for you to become rich.
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