How To Be Financially Free ? ( Warren Buffett's Money Tips )

How To Be Financially Free ? ( Warren Buffett's Money Tips )

if you are thinking about building wealth and reaching your financial freedom , you are in the right place . renowned for his investing skills, warren buffett is considered as one of the most successful investors , and in this video , i represent to you a few of warren's best tips to save money and build your wealth .

number 1 , live below your means .
this principle is about minimalism . you need to live below your means , living a simple life style and avoiding unnecessary expenses is the first step to increase your savings and reaching your financial freedom . i'm not interested in cars and my goal is not to make people envious . don't confuse the cost of living with the standard of the living , warren buffett would tell you .

number 2 , invest in yourself .
this principle is about continuous improvement , you need to always invest in improving your skills and knowledge , it will expand your mind to new perspectives and new opportunities . the best investment you can make is in yourself . warren buffett would tell you.

number 3 , know the value of money .
in this principle , warren teaches you to think in terms of value when you are about to buy something . the of a product is a thing , but the true worth of it is an other thing . price is what you pay , value is what you get . warren buffett once said .

number 4 , don't get into debt .
debt is a burden and will limit your financial freedom . avoid it at all cost , and if you are in one , try to pay it , it will make your financial deicions much more easier .

number 5 , save before your spend .
this principle will help you prevent overspending . save before you spend , make it a habit by prioritizing saving in the top of your financial plan , this will help you stick to your budget . don't save what is left after spending , spend what is left after saving , warren buffett would tell you .

number 6 , stick to your budget .


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plan your budget and stick to it , it will help you to manage your income and expenses better .

number 7, avoid credit card debt .
warren buffett onces said , if you are intelligent , you can make a lot of money even without borrowing .

number 8 , buy quality items .
good quality items will last longer , so in the long term , you will save more than if you buy bad quality products and you have you to repair them from time to time .

number 9 , don't follow trends .
never follow trends, stick to the classics and the basics . never try to impress others with flashy stuff , it will only lead you to wasteful spending

number 10 be patient .
your savings and investments need time to grow , so be patient and allow them to reap the rewards for you

thank you guys for your support .


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