You must have heard the name ‘Warren Buffett’? He is a US businessman, investor and philanthropist. He is considered one of the most successful investors of the twentieth century. Warren Buffett is the chairman, CEO and major shareholder of Berkshire Hathaway Company. He is consistently the richest man in the world Be considered Coming. Buffett was the third richest person in the world in 2011. The following year, Time magazine named him one of the most influential people in the world.

Warren Buffett is extremely frugal despite owning huge fortunes. He has promised to donate 99 percent of his wealth to public welfare work. Here are some tips from Warren Buffett.

In case of earning: Never rely on a single source of income. Invest in creating a second source.

In case of expenditure: If you buy something you don’t need, you need to sell it soon (to cover daily expenses).

In case of savings: Do not save from what is left by spending, but save and spend from what is left.

Time to take risks Never measure the depth of the river with both feet in the water. That is, leave some resources at all times. Don’t use it for risk.

For investment: Do not take all the eggs in the same basket. That is, invest in many different sectors without investing in just one case, so as to minimize the risk of capital loss.

In case of expectation: Honesty is a very useful gift; As if people do not expect it!