August 19

062 | 11 Great Frugal Examples From Warren Buffett’s Life


Did you know that being frugal comes with some incredible advantages?

Today, we'll explore some of the best frugal examples from the life of one of the world's most renowned investors - Warren Buffett!

For instance, did you know that Warren Buffett still lives in the same modest house in Omaha, Nebraska, that he purchased in 1958 for $31,500?

Despite his immense wealth, Buffett prefers to drive an old Cadillac instead of a luxury car.

In doing research on Buffett I came to realize that he is just a regular person. He’s just like us in many ways. 

What does that have to do with you?

Our world may be different from Warren Buffett's in some ways but not all ways.

We can learn from him and apply that knowledge to winning with money as it fits our own individual family's situation, just like he has done.

Find the balance between frugality and enjoying life and you will win with money.

Questions for Review:

  • Does being frugal sound boring to you? How can you make saving exciting?
  • Do you find yourself always looking for the next new gadget, or having the latest fashion item?
  • What one thing from Warren Buffett can you take away and do differently?

Verse From the Episode: "The wise store up choice food and olive oil, but fools gulp theirs down." -Proverbs 21:20


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