Warren Buffett says

“Do not save what is left after spending; instead spend what is left after saving.”

—Warren Buffett

More from Warren Buffett

“It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.”

—Warren Buffett

“Especially favourable future prospects were regarded by shrewd investors as something to look for but not to pay for”

—Warren Buffett

“Every saint has a past. Every sinner has a future.”

—Warren Buffett

“It is not greed that drives the world but envy.”

—Warren Buffett

“A line from Bobby Bare’s country song explains what too often happens with acquisitions: “I’ve never gone to bed with an ugly woman, but I’ve sure woke up with a few.”

—Warren Buffett

“We need a moderately-priced stock market… The market, like the Lord, helps those who help themselves. But, unlike the Lord, the market does not forgive those who know not what they do. For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.”

—Warren Buffett

“Instead, he takes those coupons from his low-return bond and—if inclined to reinvest—looks for the highest return with safety currently available. Good money is not thrown after bad.”

—Warren Buffett

“Too often, a vast collection of possessions ends up possessing its owner.”

—Warren Buffett

“A public-opinion poll is no substitute for thought.”

—Warren Buffett

“Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.”

—Warren Buffett