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| Money-wise tips from Warren Buffet |
On Earning: "Never depend on single income. Make investment to create a second source of income."
It's not enough to have one job. If you want to achieve financial freedom, then, all it takes is hard work and smart work. Work hard enough to save enough money. And when you have enough money, invest it wisely, somewhere that would yield additional income, so that if ever you're old enough to work or you got laid off , you still have a strong financial backup to keep your finances afloat.
On Spending: "If you buy things you do not need, soon you will have to sell things you need."
Always control your spending. If you don't you'll end up digging a hole of debts for yourself. Credit cards, shopping sprees, gambling... they're all expenses that won't add a dime on your coffer. Observe financial restraint right when you have a little and you'll find it a delight when you already have everything.