The Buffett Rule for Spending: Buy Less, But Never Cheap Out on What Matters
Warren Buffett has a net worth of over $150 billion and still lives in the same five-bedroom house he bought in Omaha in 1958. That contrast — vast wealth, modest daily life — is the part of his story that gets repeated the most. But it’s not really the interesting part. The interesting part is what he does spend on, and why. Buffett isn’t frugal for its own sake. He’s selective. And that selectiveness, more than the net worth, is something an ordinary household budget can actually learn from.