Warren Buffett's Financial Wisdom
New rules affecting U.S. electric vehicle tax credits” Coping with China’s Impact on the Electric Vehicle Market”
Invest in yourself
The best investment is in yourself. Increase your skills and education to increase your earning potential.
Avoid credit card debt
Credit cards can lead to debt if not used wisely. Pay off your balances every month to avoid interest.
Choose affordable social activities
To save money, opt for low-cost social gatherings such as potlucks or home gatherings.
Be mindful of technology purchases
Consider buying used gadgets or stick with older models to save money.
Prioritize durable clothing
Choose classic, long-lasting clothes over flashy, expensive brands to save money in the long run.
Opt for pre-owned cars
Cars depreciate rapidly, making buying new cars a costly endeavor
Utilize free or low-cost fitness options
Explore free or low-cost fitness programs like online workouts or outdoor classes.
Review subscription services regularly
Regularly review and cancel subscription services that aren't adding value to your life
Make financial decisions that promote long-term wealth accumulation, not momentary emotions.