Hope for your financial life and beyond

10 Can’t Miss Warren Buffett Quotes On Life and Money

warren buffett quotes on lifeWhere do you seek out sound advice?

Your parents?

Friends at work?

A counselor or pastor?

The Bible or other religious literature?

As I see it, the problem with a lot of advice is threefold:

  • It’s not actually helpful…
  • It’s given by someone who has a damaging, personal life issue that clouds their bias and…
  • It’s coming from a person who has an alternative agenda (i.e. they are driving you to a decision that benefits them)

This makes it extremely hard to find advice that you can run with. Put the wrong advice in your head and hands and the results could be disastrous.

When it comes to money, perhaps no businessmen and investor has achieved more in his lifetime than Warren Buffett. From humble beginnings of selling chewing gum, Coca-Cola and magazines door-to-door as a kid, he has become one of the wealthiest men in the world. People pay money to sit at his feet for a few minutes so they can pick his brain about life and money.

So when I ran across some Warren Buffett quotes on life and money awhile ago, I couldn’t help but pause and reflect on how I felt about a few of them.

Famous Warren Buffett Quotes On Life and Money

Do any of these Warren Buffett quotes ring true to you? I’d love to hear your thoughts in the comments below.

1. On Earning: “Never depend on a single income. Make investments to create a second source.”

2. On Spending: “If you buy things you do not need, soon you will have to sell things you need.”

3. On Savings: “Do not save what is left after spending, spend what is left after saving.”

4. On Taking Risks: “Never test the depths of the river with both of your feet.”

5. On Expectations: “Honesty is a very expensive gift. Do not expect it from cheap people.”

6. On Reputations:It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”

7. On Habits: “Chains of habit are too light to be felt until they are too heavy to be broken.”

8. On Investing: “Successful investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.”

9. On Success and Choices: “The difference between successful people and really successful people is that really successful people say no to almost everything.”

10. On What Really Matters: “I tell college students, when you get to be my age you will be successful if the people who you hope to have loved you, do love you.”

Questions: Which of these 10 Warren Buffett quotes on life and money stand out to you? On taking risks: Are you and all or nothing person…Do you test the waters a little bit at a time? What do you think Mr. Buffett is trying to say about honesty and cheap people? Do you tend to save or spend first? What habits do you have that seem to heavy to be broken?

Image by Mark Hirschey at Wikimedia Commons

I hope you enjoyed that post. Want more?
Sign up to receive my blog posts via email and get your free gift...
99 Ways to Spend Less and Save More

Privacy Guarantee: I will not share your email with anyone.


  1. Great quotations! I especially love the one about what matters most. We cannot lose sight of that.

  2. I love number five because it is so easy for us to hide online behind the veil our blogs and social media. Nevertheless, those that are truly great people and hardworking people will not hide, they will shine and their efforts will prove genuine to others.

  3. #1 speaks to me. I’ve gotta have lots of income streams to sleep well at night.

  4. I’m glad I stopped by, Brian. Number 3 has to be my favorite. Early on in my quest for financial independence I was heavily influenced by David Bach’s books, especially “The Automatic Millionaire”. When you fund your savings directly from your paycheck, you don’t miss what you don’t see.

  5. My favorites are 6, 8, 9 and 10. #9 is the one I am working on. I am definitely not a yes-man (or woman), but there are so many great opportunities on areas that I feel passionate about and it has been hard at times to say “no”. There was also a period where I spread myself too thin because I said “yes” too often and learned the hard way that I couldn’t say “yes” to every opportunity or request.

    • #9 is really hard. Like you said there are so many worthwhile things to do. Other times though I’ve got sucked into saying “yes” too often out of fear of disappointing people. There is a reason the word “no” is in the dictionary…sometimes we just have to use it. 🙂

  6. Warren Buffett is a great source of financial advice. I tend to avoid advice from random people because sometimes its just not true!

  7. Brian Bullock says

    I like all the quotes listed (especially 2 and 3). I think one of my favorites of Buffett is: “There seems to be some perverse human characteristic that likes to make easy things difficult.” I see this every day. People making mountains out of molehills. Making things too difficult. Buffett is great.

    • “…make easy things difficult.” Haha…I love that quote Brian! It’s so true. If you ever figure out the secret to why we make easy things difficult let me know. 🙂

  8. I only get to pick one? So many good ones. 1,2,3 and 10 are my favorite.

Speak Your Mind