Sunday, July 28, 2013

Warren Buffett's 6 Most Important Quotes That Will Change Your Life

Those who want to be financial independently would have known who is Warren Buffett. This American business magnate is the most successful investor of his time, 20th century to be precise. He is not only one of the world's wealthiest but also the most generous. He is an influential philanthropist who have pledged 99% of his wealth to the Gates Foundation. Warren Buffett. Having plied his trades for decades, he of course knows how to lead a successful and fulfilling life. If you plan to be financial independently (regardless of your age), here are Warren Buffett's 6 most important quotes that will change your life.

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1~On Earning: "Never depend on a single income. Make investment to create a second source (or even more)."

2~On Spending: "If you buy things you do not need, so you will have to sell things you need."

3~On Savings: "Do not save what is left after spending, but spend what is left after saving."

4~On Taking Risk: "Never test the depth of river with both feet."

5~On Investment: "Do not put all eggs in one basket."

6~On Expectations: "Honestly is a very expensive gift. Do not expect if from cheap people."

So if you intend to be a millionaire, a billionaire or just financially independent, then I believe the above 6 quotes by Warren Buffett ring true to you. I personally look up to this old man and I am living by this 6 mantras of him. They are not only profound, but also very, very pragmatic. So who wanna be the next Warren Buffett?