9 Ways to Save Money with Warren Buffett’s Habits

He may have billions of dollars, but Warren Buffett prefers to live life simply, unlike other celebrities and financial gurus.

The Oracle of Omaha doesn’t live in a mansion in the Hollywood Hills, nor does he own a fleet of fancy sports cars or eat foie gras and caviar every day. Warren Buffett practices what he preaches in terms of financial discipline, saving, and debt repayment.

A simple life can pay off in the inflationary environment that emerged during the COVID-19 pandemic. Warren Buffett warned a livestream audience of more than 28 million during Berkshire Hathaway’s annual meeting on May 1 about the prevalence of inflation when he highlighted Berkshire Hathaway’s housing investments, saying, “We have nine builders … we’re really building a lot. The costs are just high, high, high. The cost of steel is just going up every day.”

When one of the world’s most successful investors expresses concern about rising prices, it’s probably time to employ some proven strategies to tighten his belt.

Here are nine ways Warren’s Buffett’s frugality can help:

1. Warren Buffet lives in the same house he bought in 1958

While most billionaires buy expensive real estate, Buffett originally paid $31,500 for…