Warren Buffett: 24 Things POOR People Waste Money On! Frugal Living 2023 👉 Financial Independence

Warren Buffett: 24 Things POOR People Waste Money On! Frugal Living 2023 👉 Financial Independence

Welcome to our YouTube video featuring the legendary investor Warren Buffett! In this insightful episode, Warren shares his invaluable wisdom on "24 Things POOR People Waste Money On," emphasizing the significance of frugal living and attaining financial independence in 2023. Join us as we delve into the secrets of frugality and uncover practical strategies to achieve financial freedom. Warren Buffett's expert advice on evading excessive spending and embracing a frugal lifestyle will empower you to make intelligent financial decisions and seize command of your financial destiny. Don't overlook this enlightening conversation on optimizing your savings and embracing a life of financial abundance.

We all want to become rich so we believe the more income we make, the faster we move out of the poor zone. But we often forget that no matter our income, it becomes useless when we begin to spend on frivolous things and don’t cut our budget.

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Welcome to Investor Weekly, your ultimate destination for all things related to personal finance and achieving financial freedom. Our channel is dedicated to helping you master the art of frugal living and embrace the power of saving and investing to set you for financial freedom.

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DISCLAIMER
We are not licensed financial advisers. These videos are intended for educational purposes only. No official financial advice is being given. Please always check with a licensed professional before making any investments or financial decisions. Your investments are your sole responsibility, and in these videos, I merely share my own opinions with no guarantee of gain or losses.

[Dantecrypto]

The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference

[PatrickVelazco]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Maria Reyes.

[toddcole]

I use a credit card with cash back rewards that I pay off in full each week

[KoriMiller]

Consider revisiting your take on savings in a bank. A "healthy for you" emergency fund is peace of mind. We don't pay commissions on any of our savings/money market accounts. Researching one's options (and there are many now) is important. Also, consider your audience is likely a mix of ages, genders, etc. A "one size fits all or most" isn't the answer in my opinion. I do appreciate your overall perspective - be proactive, do your due diligence, and plan.

[langs]

Your thumbnail says "Protect Youe Cash"?

[LeeSims-ubfi]

You make it sound like poor people just waste there money.and if they did this that and the other they would be rich your station in life is education and opportunity I myself have a GED 27 years ago I walked into the perfect company that stressed learning .I got certified in horticulture and spent 27 years honing my skills not every poor person has a way to transfer there job into opportunity so when you title poor people need to do this remember you've never walked in the shoes of a poor person

[bobby]

Real estate has created more millionaires than any other asset class in American history. It appreciates at 3-8 percent a year and if its a rental it pays a dividend rate of 8-15 percent a year. that's a 11-23 percent return a year. Good luck getting that kind of return in the stock market or with bonds.

[jmyers]

buy only what you need, not what you want.

[susanneal]

ok you lost me at "the average american household wastes $20, 000 per year on food"--please, where did you get those numbers? That's $1600 a month that the "average american household" is throwing away? how many average american households spend $1600 a month on food--unless you are eating out every meal and throwing most of it away for a family of 4--that is ridiculous

[jaybonham]

Wow this video is incorrect! The poor pay almost no income tax - the upprer 50% of wage earners pay alost all of the income tax.