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Instead of buying anything he wants, the Berkshire Hathaway CEOstill values his dollar.
Focus on Value
Despite his wealth, Buffett doesnt care about designer names.
you could apply this philosophy to any standard expense by seeking out well-made products with the features you need.
This might mean focusing on store-brand products instead of their name-brand counterparts.
Regardless, focusing on value ensures youre stretching your dollar as far as you might in the right direction.
This creative mindset can apply to everyday expenses, as well.
Seek Quality Over Quantity
Theres a difference between buying cheap and scoring a bargain.
Keep this in mind when shopping.
Clip Coupons
Even Buffett clips coupons.
Remember the laugh we had when we traveled together to Hong Kong and decided to get lunch at McDonalds?
You offered to pay, dug into your pocket, and pulled out … coupons!
The savings might seem minimal, but it adds up over time.
Instead, he stays in and enjoys a simple diet.
I could eat a ham sandwich every day for fifty days in a row for breakfast, Mashed reported.
Theres nothing wrong with enjoying nights out, but stay on budget by doing so in moderation.
Dont Chase Trends
When something is just a fad, it typically doesnt last.
Therefore, its surely not a coincidence that Buffett doesnt tend to follow market trends.
This philosophy can easily apply to everyday expenses.
Instead of purchasing every overpriced trendy item you see, stick to more affordable tried-and-true classics.
Take Advantage of Sales
Even Buffett loves a good sale.
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