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Yet you wouldnt know it by the way he lives his life.
He famously eschews designer brands, clips coupons, and even held onto his old flip phone until 2020.
Being frugal doesnt have to mean settling for less.
Buffettsfrugal living hacksarent just memorable quirks.
Theyre guiding principles for how to keep your expenses under control.
(He purchased it in 1958 for $31,500.)
It can be tempting to want to venture to keep up.
If you dont need a phone with cutting-edge features, dont spend top-dollar on the newest model.
Buffetts famed frugality also extends to cars.
Similarly, you could search for high-quality treasures that might not look perfect but still perform well.
Its a perfect example of his willingness to think creatively to save money.
If you could safely make something for yourself, why not give it a shot?
There are also Buy Nothing groups, where neighbors give away gently used items for free.
What someone else no longer needs might be exactly what youre looking for.
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